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It depends on the database not the box(I mean server machine).
For one database there can be only one OWB repository(i.e one OWBSYS schema).
But as you are creating new database, you can create a OWB repository in that new database also(This is same in both OWB 11.1 and 11.2)
Edited by: Pnreddy on Apr 16, 2012 1:50 AM