Jeff,
The current iteration of SRM is based on the WAS engine. It is one and the same as other SAP components. In terms of application support, SRM is slightly different but no more so than CRM, ESS/MSS or BI support. They unique applications.
If you have never used the WAS engine, it is basically a grown up version of the same old ABAP engine we have always used. The difference is the addition of the Java engine and components. These will take some getting used to.
Was that your question?
jwise
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