I'm thinking we're going to need a lot more info to help with this.
What version of samba?
Code:
/usr/local/samba/bin/samba -V
What distro are you running it on?
Did you get samba from the repositories or build it yourself?
If you built it yourself, what options were included in that build?
What does the rest of your smb.conf file contain?
Code:
cat /usr/local/samba/etc/smb.conf
When you run the setcfg command above, do you get any feedback in the logs? Is samba chrooted or no?
Help us out with just a bit more info.