Hi -
You're correct - it's definitely an XP (windows) issue. But, for whatever it's worth:
1. You should be able to edit link properties in in the Network Neighborhood GUI (as you already know)
2. You should also be able to see the "target.lnk" COM/ActiveX shortcut file (aka "Moniker") in the Windows user's directory:
c:\documents and settings\USER-X\NetHood\FTP-SITE-NAME\target.lnk
<= You should see the virtual user's name and password here
Perhaps you can check for potential conflicts/configuration errors with the physical .lnk file, or the physical path that it lives in.
Just a thought .. PSM
PS:
Here's a code snippet to help you analyze in more detail what's in that pesky ".lnk" file (and why it's messing up trying to access your FTP folders):
http://netez.com/2xExplorer/shellFAQ/bas_manage.html