Appreciate your inputs Sumit and James. While they are pretty similar, I think I will have to go with the option where I wouldn't need to immediately alter my existing installation. As per suggestions, I'm doing the following:
-Install SEPM v11.0.6 for replication on the new server.
-Move SEPM from the old to the new server whilst setting appropriate priority
-Once I confirm that all the clients are reporting to the new server, I will remove old server as a replication partner.
-Upgrade SEP on the new server to the latest version (12.1.4)
-Upgrade the clients via deployment tools
-If all things are in order, uninstall SEPM from the old server
I'll be making backups before carrying out these procedures. But in case something stuffs up, my concern is how will I be able to easily revert to my old server and make it as the manager again.
For the record, my current SEP has these details:
SEPM v11.0.6x ; SEPM Clients at v11.x (RU2 to RU7) ; Windows Server 2003
No of clients: 150+
The new installation will be:
SEPM v12.1.4 (MP1b); Windows Server 2012
Regards,
Trev