I am new to MOSS/SharePoint administration. Any pointers on any utilities which can help me in monitoring/reporting MOSS?
Also, is it possible to generate site specific reports for storage space used for each site?
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You may also want to take a look at the SharePoint administration toolkit. It includes the SharePoint Diagnostics Tool which gives you a unified view of your SharePoint farm.
If your new to SharePoint I'd suggest checking out either of the following admin tools.
Both tools offer the features your looking for.
If you're the scripting, command-line type(even otherwise), I would recommend learning up on two items:
Storage stats could be calculated using something like this: