I have seen it done with Sharepoint 2010 and using the Microsoft Report Viewer Redistributable. I have never done it though nor am I a Sharepoint guy.
"I cant stress enough the importance of switching from a sequential files mindset to set-based thinking. After you make the switch, you can spend your time tuning and optimizing your queries instead of maintaining lengthy, poor-performing code."-- Itzik Ben-Gan 2001