The last few posts here reference storing within an SDE.
Collin- not sure I understand you post here...
Hi Joe,
I put a link in my above post to another thread (Publishing a composite locator- registering data store )where there was some discussion about storing your address locator within the SDE. The general consensus within that thread is that ESRI suggests that we DO NOT store address locators within the SDE. Read the last few posts from the linked thread to see this. Hope this helps you in some regard.
Cheers,
Pretty much what I stated above. Just say no to locators as geodatabase objects....