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Pros/cons of an Oracle 8i standby server?

I am presenting available options to IT management for implementing a disaster recovery plan. I've been asked to document the pros and cons of an Oracle 8i standby server. Can you help?

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The pros are:
  • Easy setup
  • Separate databases protect against Oracle errors
  • It's free
  • Lag time before the standby is updated could allow for recovery from user's error (if a user drops a table, you could get it back from the other instance).

The cons are:

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