[AccessD] Database vs Sharepoint

Hi all,

We have a new sharepoint guys working with us who is pretty sure that
sharepoint can do everything our database does, only better, faster and
neater.  However, I am less sure.  From what I understand Sharepoint is
very good at sharing documents, document control and management,
creating and dealing with simple lists and the like.  But AFAIK it
cannot deal with relational, normalised data in any way that we know and
understand.  Or high level transactional data?

I am just a luddite and old school?  Or is sharepoint being used like
Excel.  That is, it can hold data, therefore it is a database as far as
the users are concerned?

A quick Google seems to support my theory, I was wondering any there are
any 'war stories' out there.  I need to learn more about this upstart
software!

Anyone got any thoughts on this?

Cheers
Darryl.

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