I agree with Bruce.
You can't use vs2005 to produce RS2000 reports or run on a RS2000 server. You can run RS2000 reports on a SRS2005 server, without converting, but that’ll give you the same result as running on RS2000. Obviously you can still connect to a SQL2000 db irrespective of which RS you use.
If your client needs that which RS200 cannot offer, then they'll have to front up the cash for SRS2005.
Don't be irreplaceable - if you can't be replaced, you can't get promoted.