Действительно ли возможно переместить внутренний DB в SDCard?

Просто используйте:

SQLiteDatabase.openDatabase(DB_FULL_PATH, null, SQLiteDatabase.OPEN_READONLY);

где DB_FULL_PATH может быть путем к вашей sdcard, например /sdcard/mydatabase.db

Edit:

Это то, что я называю в своем приложении для доступа к базе данных....

private static DBUtil dbHelper = null;

public void openDatabase() {
    if(dbHelper == null) {
        dbHelper = new DBUtil(this.context);
        dbHelper.openDataBase(SQLiteDatabase.OPEN_READWRITE);
    }
}
public void closeDatabase() {
    if(dbHelper != null) {
        dbHelper.close();
        dbHelper = null;
    }
}

... и это вспомогательный класс db, который я использую, который фактически расширяет SQLiteOpenHelper, поэтому у вас все равно будет все, что вы хотите от этого класса.

package com.myapp.android.db;

import android.content.Context;
import android.database.SQLException;
import android.database.sqlite.SQLiteDatabase;
import android.database.sqlite.SQLiteException;
import android.database.sqlite.SQLiteOpenHelper;
import android.util.Log;
import com.myapp.android.MyApp;

import java.io.IOException;

/**
 * Standard database utility class.
 * 
 * TODO: Refactor.
 */
public class DBUtil extends SQLiteOpenHelper {

    /**
     * Database directory.
     * 
     * <p>
     * Example: "/sdcard/myapp/db/"
     * </p>
     */
    public static String DB_DIRECTORY = null;

    /**
     * Name of the database file.
     * 
     * <p>
     * Example: "mydatabase.db"
     * </p>
     * 
     */
    public static String DB_NAME = null;

    /**
     * Full absolute path of the database.
     * 
     * <p>
     * Example: "/sdcard/myapp/db/mydatabase.db"
     * </p>
     */
    public static String DB_FULL_PATH = null;
    static {
        DB_DIRECTORY = MyApp.DATA_REPOSITORY_URI + "/myapp/db/";
        DB_NAME = "mydatabase.db";
        DB_FULL_PATH = DB_DIRECTORY + DB_NAME;
    }

    private SQLiteDatabase myDataBase;

    /**
     * Constructor Takes and keeps a reference of the passed context in order to
     * access to the application assets and resources.
     * 
     * @param context
     */
    public DBUtil(Context context) {
        super(context, DB_NAME, null, 1);

        try {
            this.createDataBase();
        } catch (IOException ioe) {
            throw new Error("Unable to create database");
        }
    }

    /**
     * Creates a empty database on the system and rewrites it with your own
     * database.
     * */
    public void createDataBase() throws IOException {        
        if (!checkDataBase()) this.getWritableDatabase();
    }

    /**
     * Check if the database already exist to avoid re-copying the file each
     * time you open the application.
     * 
     * @return true if it exists, false if it doesn't
     */
    private boolean checkDataBase() {
        SQLiteDatabase checkDB = null;
        try {
            checkDB = SQLiteDatabase.openDatabase(DB_FULL_PATH, null,
                    SQLiteDatabase.OPEN_READONLY);
        } catch (SQLiteException e) {
            // database does't exist yet.
        }
        if (checkDB != null) {
            checkDB.close();
        }
        return checkDB != null ? true : false;
    }

    public void openDataBase(int mode) throws SQLException {        
        try {
            myDataBase = SQLiteDatabase.openDatabase(DB_FULL_PATH, null, mode);
        } catch(IllegalStateException e) {
            // Sometimes, esp. after application upgrade, the database will be non-closed, raising a IllegalStateException
            // below. Try to avoid by simply opening it again.
            Log.d(MyApp.APP, "Database non-closed. Reopening.");
            myDataBase = SQLiteDatabase.openDatabase(DB_FULL_PATH, null, mode);
        }
    }

    public void openDataBase() throws SQLException {
        openDataBase(SQLiteDatabase.OPEN_READWRITE);
    }

    public SQLiteDatabase getDb() {
        return myDataBase;
    }

    @Override
    public synchronized void close() {
        if (myDataBase != null)
            myDataBase.close();
        super.close();
    }

    @Override
    public void onCreate(SQLiteDatabase db) {
    }

    @Override
    public void onUpgrade(SQLiteDatabase db, int oldVersion, int newVersion) {
    }

}