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Thanks to Mark for the link to the Microsoft SQL Server 2005 Reporting Services Add-in for Microsoft SharePoint Technologies
Microsoft SQL Server 2005 Reporting Services Add-in for SharePoint Technologies (Reporting Services Add-in) allows you to take advantage of SQL Server 2005 Service Pack 2 (SP2) report processing and management capabilities within Windows SharePoint Services 3.0 or Microsoft Office SharePoint Server 2007. The download provides the following functionality:
A Report Viewer Web Part that provides report viewing capability, export to other rendering formats, page navigation, search, print, and zoom.
Web application pages so that you can create subscriptions and schedules, and manage reports, models, and data sources.
Support for using standard Windows SharePoint Services features including document management, collaboration, security, and deployment with report server content types.
The Reporting Services Add-in works together with SP2, which is required on the report server. SP2 provides the following functionality for a report server that is configured for SharePoint integrated mode:
Synchronization from SharePoint content database to the report server database.
A custom security extension that uses SharePoint permissions to control access to report server operations.
A new delivery extension that you can use in subscriptions to deliver reports to SharePoint libraries.
A revised Reporting Services Configuration tool that you can use to configure a report server for SharePoint integrated operations.
A new SOAP endpoint for managing report server content in SharePoint integrated mode.
Read more at the Sharepoint Team Blog - Microsoft SQL Server 2005 SP2 Reporting Services integration with WSS 3.0 and MOSS 2007
Liam Cleary provides a detailed walkthrough: MOSS2007 - Reporting Services Add-in