SQL Server 2005 Database move and rationalisation - Recommended maintenance processes
Shrinking and Storage

Enable "Instant File Initialization"

Disable autoshrink

Size your storage properly (15% free per drive)

RAID what? RAID level matters and SQL Server accesses the files differently. Log file access is generally sequential and Data is generally random.

tempdb

Separate data and log files (see RAID, below) - get a good tempdb strategy. We have tempdb logs on a log drive and our tempdb files (1/4-1/2 the number of cores) on their own drive. While you're at it, make sure that tempdb has an appropriate number of data files, that their initial sizing is exactly the same, and that they have exactly the same growth factor. While you're at it, read up on Trace Flag 1118

Schema Changes

If you're going to be making these changes, make sure you have a good, durable backup. What happens in 9 months when someone actually needed those tables?

Can your application actually withstand the changes from NVARCHAR, NCHAR, and NTEXT? While you're at it, NTEXT is deprecated so moving to TEXT would not be good. Check out VARBINARY or VARCHAR(MAX) instead.

You can change the collation all you want, but it won't affect any of the existing data.

Compatibility

Change the db compatibility levels to 100 if you can. 

Tuning Option

Check out some of these trace flags none of them may be appropriate. Some of them might be, "it depends." Also, read about trace flag 4199.

Tooling

I'd also recommend coming in to this install with a good tool set. Create a DBA database for this toolkit. I'd start with sp_WhoIsActive by Adam Machanic, sp_Blitz by Brent Ozar. I'd also look for Kendra Little's work with scheduling and storing the results from sp_WhoIsActive. Finally, I'd start up a way of capturing Waits and Queues so that you have a good history of your server's profile. 

Look into getting a monitoring solution.

Finally (and maybe firstly), check out Glenn Berry's excellent series on provisioning a new SQL Server Instance.

Part 1, Part 2, and Part 3