One inventory for multiple ORACLE_HOMEs ?

RDBMS version:11.2, 10.2
Platform : AIX
In one server , we are going to install multiple ORACLE_HOMEs (both 10.2 and 11.2). I have been asked to configure separate inventory for each ORACLE_HOME (each inventory within its own ORACLE_HOME). But i came across OTN posts which advices one inventory for all ORACLE_HOMEs .
1. How can i create 1 inventory for all ORACLE_HOMEs . Is it by specifying an inventory directory outside all ORACLE_HOMEs in OUI when you do the very first installation ?
2. Which one is more professional : one inventory for each ORACLE_HOME or one inventory for all ORACLE_HOMEs ?

When installing Oracle software for the first time, the OUI will create a "global" inventory under $ORACLE_BASE.
Depending on you OS, to locate this inventory look at "/etc/oraInst.loc" (AIX+Others) or "/var/opt/oracle/oraInst.loc" (Linux+others).
You can add/remove Oracle homes from this inventory by using OUI or command line ./runInstaller.
Each Oracle home may also contain an "$ORACLE_HOME/oraInst.loc" file.
HTH
PS: +"One inventory for multiple ORACLE_HOME is a bad practice"+ -- Untrue. Perhaps only for those that don't know how to use it.
:p

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