What is the impact on LiteSpeed when changing SQL Server Service account password and SQL Server Agent account password?
There is no impact on the LiteSpeed jobs.
However, if the LiteSpeed 2005 Activity Service is running with the same service account, reset the password of the SQL Server service. If the Central Repository is on another server, verify that the change in password allows updates to the remote server.
Note: To save the changes, you must restart the SQL Server and Agent services. Accounts and passwords for Microsoft SQL Server 2005 services are linked to Microsoft Windows user accounts and passwords. Changes in one location might require changes in the other.