A little trick you can use with an update or insert is an automatic assignment.
For example at times I've had to update all rows in a (temporay) table
with an consecutive number and a fast way of doing this is utilizing
this technique:
DECLARE @I INT
SET @I = 0
UPDATE Table_1
SET @I = MyID = @I + 1
This example instantiates an interger (I) to the value 0. Then I
update a table where I set an ID column to the value of I + 1, but at
the same time I set my I variable to the value of MyID. This means that
the first row will get the value 1 into MyID and the second will get 2
and so forth.
And of course this example is very simple, and in such a case one
might as well just use identity. However because you can make any
calculations you want, and because it does not have to be an integer
data type - you can use this for various situations.
It just goes to show that T-SQL syntax allows for playing around.