Trying to give something back to the Community...
Yes as per the following post from the ConfigMgr Team Blog, ConfigMgr 2007 SP2 (including R2 and R3), now supports running the Site Database on a SQL Server running SQL 2008 R2 SP1 and SP3.
In addition the Reporting Services Point (RSP), present in R2 and R3 also support these SQL versions as well.
Here's the post:
http://blogs.technet.com/b/configmgrteam/archive/2011/09/08/configuration-manager-support-announcements-for-august-2011.aspx
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