I use a lot of virtual machines - and it's always handy to store files onto the real machine through shared folders. With Windows 7 and the new library feature I thought it would be really cool to add the shares to the Documents Library but found that the underlying system must be running Indexing Server 4.0 -- not an option for my OSX based system!
Here's a nice little workaround that lets you add non-indexed folders though:
mklink /D Documents \\.Host\Documents
Note that mklink.exe requires administrator access so start the command prompt by holding SHIFT+CTRL and clicking on it (or use the "Run As Administrator" option)
Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in any way.