Thanks a lot Jeff :

Looked through docs in technet and metalink and I can do the same.. One Qn I have is, once my locally managed TS becomes Dictionary managed, I can manipulate the extents.. But all the docs seem to talk or show about the NEXT parameter in the TS as manipulated.. and my goal is purely to see if I can manipulate the INITIAL extent.. If I cannot do that I don't want to do this exercise.. As it is there are 3200 objects (1400 tables and 1800 indexes) and most are empty.. and I can see much space wasted.

How risky is this, or what is a safer or alternative way.. Should I atleast take an export of the entire schema.. or simply not worry about it when i execute the package..

Thank, ST2000