greg12, thanks for reviewing my steps I outlined and finding an issue. So based on the article you site and my current environment, the steps I outlined won't work. That is, because SEP 12.1.1000.157 (RU1) does not support SQL 2012.
However, I rechecked my environment and had forgotten that I have actually already upgraded my SEPM console to 12.1.1101.401 (RU1 MP1). My clients are still 12.1.1000.157 (RU1), but the SEPM console is RU1 MP1. A while back I upgraded the SEPM console and stopped at that point when I found issues with the BASH drivers on the clients during testing. So I've been waiting for this new release SEP 12.1.2015.2015 (RU2).
If clients send their data to the SEPM console and the SEPM console sends it to the SQL database, then theoretically my steps should work.
Since my SEPM console is RU1 MP1, do you (or anybody else) think that moving the database from SQL 2005 SP3 to SQL 2012 will still work?
Thanks, Tom.