No it does not give access to every folder.
Quote: Originally Posted by bvlenci
Wouldn't that give access to every folder on the Desktop? I don't want to do that.
You might try going into the Security tab of the Desktop's main drive or folder you want to share
then add "Everyone" there as well. Security tab>Edit button>Add button>type Everyone for object name, apply, ok and so forth.
Notice the part in bold. Although you shouldn't need to do that if you set up a Homegroup.
You will want to make sure that your wireless connection for the desktop or netbook is using WPA2 and AES encryption.
This assumes that you have set up a Workgroup or Homegroup "preferable" using the same workgroup name for both the desktop and the netbook.