It is possible to create custom reports for Exchange 2007 using the Service Level Dashboard Solution Accelerator and the Exchange 2007 Management Pack. The Opsmgr Team made a nice guide on how to make a Service Level Dashboard for Exchange. But you have to change the Monitor dependency of the distributed applications otherwise the Health wouldn't rolling up. 1. In the monitoring section of the console, under “Distributed Applications”, right-click on the “Exchange 2007 Server Availability” distributed...(read more)

Read the complete post at http://scug.be/blogs/scom/archive/2009/01/23/opsmgr-service-level-dashboard-for-exchange-2007.aspx