Microsoft support page for using CRM 4.0 with SSRS 2008 and or SQL 2008 Database engine
January 6, 2009
Microsoft has begun officially supporting SSRS 2008 for use with CRM 4.0. You can use just reporting services or do a full CRM implementation on the SQL 2008 DB platform. In the near future I will be posting a detailed article on my test results a preferred approach but until then I wanted to get this Microsoft link out which provides fixes for several known issues.
http://support.microsoft.com/kb/957053
Best of luck!

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