So you are migrating from MOM 2005 to 2007 and do not want to go through the hassle of changing your firewall ACLs? Default port for agent to Management Server communication is 5723. To modify it to MOM 2005 default (1270) or any other of your choice, perform these tasks:
Thanks to Anandha Ganesan and Gavin Sharpe ffrom Microsoft or their help and input on this!