### Update ###
The SQL 2008 Business Intelligence Development Studio (VS subset) that ships with SQL Server 2008 imports the 2005 VS rdl files without any problems. I have not tested this extensively but all looks same-same.
D Gorman 1/14/09
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(see update above) Be aware that your VS 2005 Sql Reporting Projects don’t convert. I just ran a conversion (after backing up the code and solution files) and it just drops the SRS (.rptproj) project. I tried opening a .rdl file and it does not handle it correctly. I will have to look at what is next in regards to this but for now you have to keep VS2005 around for SRS reporting and/or figure out VS 2008 new process for handling BI (BIDS). Post a comment if you know a better way.
After searching around I found these posts:
• http://forums.microsoft.com/msdn/ShowPost.aspx?PostID=3336504&SiteID=1
Apart from this the other features in VS2008 are very nice & the ability to switch frameworks (sans the usual 1.x) works flawlessly. I moved a web project from 2.0 to 3.5 and down to 3.0 without a problem.
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