Posting this late but …. for the benefit of others searching around for info on this subject … mylagoons post writes about changing the prefix in the wp-settings.php file.
Unfortunately it’s outdated.
I can think of several scenarios why someone would want to use the same database for multiple installs. Mine at the moment is because I want to locally run Stable, Trunk, and Beta installs and not have to duplicate database content. Of course I welcome good explanations as to why I shouldn’t do this. But if it’s just going to be “thats not what we do” … please save the words.