When a Vista Master Slave network is setup the Slaves folder list appears but no objects in the folders.
Windows 7 32 bit
Sometime the synchronies process does not fully complete between the Master and Slave servers.
A restart of the Sever and Slave helps this process to complete.
Shut both computers down and then start the master computer and Vista server.
Once the master server has been started and checked for correct local communication start the slave computer and Vista server.
Wait for the master to pickup the slave and recheck that the objects are being displayed.
Also check that the Vista server name matches the computer name as this can cause similar problems.