UcfMike - When Ties refers to a database view, he is talking about a view created in the database itself with a "CREATE VIEW" sql statement, which doesn't necessarily have anything to do with Cognos. He is correct that a change in the definition of the view does not require republication as long as the columns of the view do not change.
Ties - Michael is, I believe, referring to a database layer/namespace in his project, as opposed to the Business layer/namespace where things are made pretty for the users. If he changes relationships there he will need to republish any affected packages since ReportNet only reads the published package metadata at runtime, not the FM project metadata.