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LibraLibra 

Renaming Standard Fields- Good Idea or No?

Hi,
 
I am looking to rename some of the standard fields in Salesforce like changing "account site" to "group number" or "shipping address line 1" to "office location address 1."  Anybody have experience with doing this?  Has it been successful or caused problems?  If you do go ahead and change things can you reverse your changes if you experience problems?
 
Any insight here would be great.