The Microsoft Exchange team blog ( msexchangeteam.com ) recently posted an absolutely phenomenal blog post that describes exactly how DPM 2007 protects Exchange Server data. With soem really good explanations and nice graphics -- we might just reprint
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Read the complete post at http://blogs.technet.com/dpm/archive/2008/03/24/protecting-exchange-server-with-dpm-2007-new-blog-post-from-ms-exchange-team.aspx