MOM 2005 SQL 2005 MS articles
Well it looks like i missed a few KB articles for installing MOM 2005 with SQL 2005. One of which has a resolution to the problem i was having yesterday.
http://myitforum.com/cs2/blogs/cstauffer/archive/2007/06/07/installing-mom-2005-reporting-on-a-server-with-sql-2005.aspx
Prerequisite Checker errors that may occur when you install Microsoft Operations Manager 2005 Reporting
http://support.microsoft.com/kb/919954
When you try to install MOM 2005 Service Pack 1 (SP1) Reporting, the prerequisite checking process fails
http://support.microsoft.com/kb/918712/en-us
Steps to install MOM 2005 SP1 and MOM 2005 Reporting on SQL Server 2005
http://support.microsoft.com/kb/918481/en-us
The "Check Prerequisites" task returns an error when you run the task from a slipstream version of MOM 2005 Service Pack 1
http://support.microsoft.com/kb/909846/