Solutions for INSERT OR UPDATE on SQL Server

Question

Assume a table structure of MyTable(KEY, datafield1, datafield2...).

Often I want to either update an existing record, or insert a new record if it does

Answer 1

Do an UPSERT:

UPDATE MyTable SET FieldA=@FieldA WHERE Key=@Key

IF @@ROWCOUNT = 0
   INSERT INTO MyTable (FieldA) VALUES (@FieldA)

http://en.wikipedia.org/wiki/Upsert