Microvellum Community

2 Databases?

I have a sql server database on our network with the foundations library.  I have a local database with the components library.  I want to place the components library on the server as well.  What is the best way to add a second library like this?

Is it just a simple as creating a second setup on the server and pushing the components library up to it?  This is basically what I did when creating the foundations library setup.

Any issues with having both of them on the same server?