Hello!!

There is a fuctionality for disaster recovery called Log Shipping you can replicate and entire database with users. It is a built-in fuctionality, you can find more info on

Just shutdown the SQL server service in the SQL 7 copy the mdf, ndf and ldf files to the SQL 2000 server and attach the DB in the SQL2K server,...

I'm know that, I know that the both RDBMS will fight for the CPU and MEM resources and also may be I would find problems with DLL's and TCP ports,...