MVs on 8.0.5

I have a project that the lead developer wants to use materialized views with. The database is 8.0.5 on some flavor on Unix (client site). I have no experience with MVs and what I have heard with 8.0.5 isn't good. The data in question will be 2+ million records. I am leaning to building tables and writing PL/SQL for the ETL. What are the pros/cons of using MVs with 8.0.5?
Any IMHOs about this?

Thanks,
Todd Carlson
Oracle Database Administrator
Tripos, Inc.
(314) 647-8837 ext. 3246

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Author: Todd Carlson
  INET: tcarlson_at_tripos.com

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