I have set up a HTC Droid Incredible to sync with Exchange 2007 on a SBS2008 machine with ActiveSync. All the syncing works great except contacts. Contacts only sync one way from Exchange to the phone.
I have already deleted the account and recreated it - no joy. The only other idea from HTC is to do a complete wipe of the phone. The phone is brand new and was set up for Exchange about 5 min. after it was activated.