Ok, so with ArcGIS 10, ESRI has depricated 'Address Standardizing' in the new locators, I know you can still use the 9.3.1 locators to do this; but I heavily suspect that after the 10.1 version we will see this available less and less.
The FGDC Addressing Standard places a heavy value on good addresses having the Prefix, Prefix-Direction, Street-Name, Suffix, Suffic-Direction values for a good clean form. And my agency has a need for the same.
Are there other tools out there that people are using to take structured addresses and parse them out fairly-reliably so they can be stored? Are any of them free?
*Update:*I came across this on CodePlex (US Address Parser) and it has given me a really good jumping off point. Its really nice in that its managed code that I can use all over the place and so far it has had a very high sucess rate at breaking down parts to be reviewed line by line and part by part.