A lot of folks are asking about support for SQL 2005 with SMS 2003 and MOM 2005.  Neither of the current releases support SQL 2005.  This is planned for SP2 for SMS 2003 and discussions are continuing for MOM 2005.  I'm running the database for the current releases of both products on SQL 2005 and it seems very smooth - looking forward to customers being able to use it - but this is not officially supported yet and absolutely should not be done in production.

- Steve