SQL Server 2000 can create indexes on views. This functionality is implemented by extensions in the CREATE VIEW and CREATE INDEX statements. If a view is not indexed, it doesn't use any storage space. Whenever you use the view in a Transact-SQL statement, SQL Server merges the view definition with the statement to produce a single execution plan and it directly accesses the underlying tables on which the view is defined.
After a view is indexed, its index needsstorage space, as any standard index.
The process of creating an indexed view is as follows:
Create the view with SCHEMABINDING, which prevents modifications on the definition of referenced objects.
Create a clustered index on the view to physically save the view results in ...