SBS 2003 SP1 Sharepoint Question

I need some urgent advice.

Got an architectual company where I had installed SBS 2003 SP1.  The owner is interested and would like to try using companyweb (the Intranet) to track and manage projects.  The company currently has a project folder on the server with subfolders for each client.  Under each client's folder there are subfolders called: Archive, Building Evaluation Reports, Correspondence, Drawings, Photos, Presentations, Program, Specifications, Change Log and Submittal Logs.  These subfolders contain other folders and scattered files.

Most files are pictures, Excel Spreadsheets, Power Point Presentations, Word Files, .eml messages, text files and autocad drawings.  

Instead of creating a new site, I would like to somehow point the sharepoint companyweb to this existing Project directory, except, I would like to be able to put announcements under each folder.  Is this possible?  

I would like users to be able to use the existing file structure to do things the way they have been - while at the same time allow these folders to be traversed via companyweb.

You should be able to tell by now that I'm a sharepoint newbie.  Very urgent.  Please provide the best way to do this without replicating the data (it's 20+GB's of data)
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taki1gostekAsked:
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AdamRobinsonConnect With a Mentor Commented:
You could do a very shallow integration and just link the directory on the Sharepoint site in the Links Web part.

You could also import the entire structure into your Sharepoint site, but that violates you data replication rule.

Outside of that, I don't think there is a native way to do what you're asking, though perhaps there is a web part out somewhere that will somewhat facilitate what you're trying to do.

 
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taki1gostekAuthor Commented:
I will take a look at that today and get back to you.  Perhaps once I try out the above I'll have other, more specific questions.

What do you mean by "violating your data replication rule"?  
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taki1gostekAuthor Commented:
Thanks and sorry for the delay in my reply.  Didn't resolve this yet - but will be looking at the options you've mentioned.
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