MCTS for Al - he just did it
A while back I had a chat with Alastair Waddell. I told him he should take advantage of Pearson Vue's free retake offer to do some of the new certifications. Because he's been using SQL2005 for about a year (and he's a smart guy), he ought to know enough to pass without studying, and if he does somehow fail something, he can retake it for free.
So he took the plunge, and is now MCTS:SQL2005. Well done Al!
I'm telling everyone I think of to take advantage of the retake offer. I figure that if you are already working in the space, you should be able to pass these exams already. So book in and try. And if you fail, use the free retake offer to try again. But here's my tip: While you're in there, make yourself lists of the stuff you feel you need to study. You can't take those lists with you, but after you've left, write those things down and use them to bump your score up a few marks for the second time. But hopefully you won't need the second time, and you can use your list to just brush up your skills.