Hi,
the command is pretty simple, but if something goes wrong it can be pain in the a... to recover to previous state. I had a problem of DB2 dropping some object (foreign keys if I remember correctly) and I need to restore database to test computer to see what was the original sintax.
Bottom line is ALTOBJ can solve simple problems, but complex problems can lead to more manual work as it would without this procedure.
So I always prefer export/import functionality...
Hope this helps,
Grofaty