Teekay37 - I plan to do the following (hi-level steps) -
execute full farm backup (stsadm) -> detach farm -> restore farm from backup
- Central Admin- Operations - Backup and Restore (restoring databases to new
SQL Server 2008 instance). Of course you will Test test test - for testing
you will need to secure a another WFE server(s).
Yes, its supported - check the related TechNet article for more information:
Determine hardware and software requirements (Project Server)
http://technet.microsoft.com/en-us/library/cc197379.aspx
Check the note at the bottom of the article:
Office Project Server 2007 supports Microsoft SQL Server 2008. However, you
must install Windows SharePoint Services 3.0 with Service Pack 1 (SP1) or
later as well as Office Project Server 2007 SP1 or later before you install
SQL Server 2008.
Requirements for using SQL Server 2008 Analysis Services with the Project
Server 2007 Cube Building Service
http://technet.microsoft.com/en-us/library/dd285466.aspx
Integration of SQL Server 2008 and Office SharePoint Server 2007
http://technet.microsoft.com/en-us/library/cc990273.aspx
This article provides prescriptive guidance for implementing some of the new
features in Microsoft SQL Server 2008 that enhance the deployment of
Microsoft Office SharePoint Server.