I don't think there is a major problem with changing item class.  You
will need to check the AFI rules, and Service Management(?)  If you use
Production does MPS do anything with this field (can't remember
off-hand).  As for Sales Analyis, it will start allocating the sales of
this item to it's new item class.  Or, you can rebuild sales history so
that previous sales are also allocated to this item class.

Other than that, I think you will be ok.

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