This week's book giveaway is in the OO, Patterns, UML and Refactoring forum. We're giving away four copies of Refactoring for Software Design Smells: Managing Technical Debt and have Girish Suryanarayana, Ganesh Samarthyam & Tushar Sharma on-line! See this thread for details.
I use a similar approach for my application - albeit a Swing desktop application rather than a web application. It's rather overkill but I normally include the entire lib directory that accompanies JaserReports distribution zip with my application. I probably don't need them all - but better safe than sorry.
I’ve looked at a lot of different solutions, and in my humble opinion Aspose is the way to go. Here’s the link: http://aspose.com