Yes, true.. can't modify existing so must create new reports for all stock reports that now appear to not adjust correctly. It appears stock reports were created without taking in to account max field length. Since there is no (reliable) adjustment on field to decrease font size to compensate in AR that I've found-(Shrink and Grow settings a bit problematic)... OR this became more of an issue with SP2.
We want to remove all the stock reports listings and replace with the "adjusted reports for use" but I suspect that is going to be a manual process on each workstation.
Thank you all though for the info..