SharePoint 2007 document library possibilities?

I'm not super familiar with SharePoint 2007 but I can't seem to find any good information on this subject.

I have a need to have a document library updated immediately as documents are added, modified, removed from a network share.

I.E.  Let's say the IT department creates a "how-to" document on a network share \\server1\it\sp_docs\ that all users have read access to for installing a printer.  I also have a Document Library already setup in SharePoint under the IT department.  If I were to modify that document, add a new document, delete a document, etc in that network share, \\server1\it\sp_docs\, I would like those changes immediately available to SharePoint users.  Is this possible to implement or even possible at all?

If possible, can you please provide me with a step-by-step for accomplishing this in SharePoint please.
Todd WedlakeSystems AdministratorAsked:
Who is Participating?
Minesh ShahConnect With a Mentor SharePoint & all about itCommented:
Go to the Library  from admin account>
Click Site Actions > Edit Page.
Click Add a Web Part.
Select a Page Viewer Web Part.
Click Open the Tool Pane.
Chose Folder and put the path: \\serverip\folder\subfoldername
ok it and exit from this edit mode.
that's it.
Justin SmithConnect With a Mentor Sr. System EngineerCommented:
Not possible out of the box to sync a doc lib and a network share.

Why not just put a "view" in SharePoint of the network share?  Is there a reason you want to keep files in both locations?  

You could use a Page Viewer web part to view the folder share.
Todd WedlakeSystems AdministratorAuthor Commented:
i dont' want to keep the files in both locations.  I guess I didn't explain it correctly...

I only want the docs on the network share.  I want links to the ACTUAL document name in SharePoint for the docs listed in the network share as they are created and I do not want to have to do this manually.  So in other words, when a user creates a document on the network share, then I want that document (or a properly named link to it) to appear in the specific doc library I create within SharePoint.
I also don't want simply a "hierarchy" of documents.

Justin SmithSr. System EngineerCommented:
Out of the box, the closest solution would be the Page Viewer web part.  However, it will keep the hierarchy, just as in the network share.
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