you should have this:
right click network neighbourhood then left click properties.
client for microsoft networks installed, set to quick logon not domain
tcp/ip set to say a simple one (10.0.0.1 and 10.0.0.2) subnet 255.255.255.0
this will be the best way if you are going on the internet. if not use netbeui and it will be faster (you probs won't notice though!!)
file and print shareing installed with two ticks
identification set to different names ie: test_1 and test_2
workgroup set to the same name on both pc's ie : test
description does not matter
make sure that you have installed the nic correctly (no plings in device manager)
there should be no need for other protocols or clients to be installed if all yourequire is a peer to peer network.
if you have a modem which connects to the internet you will have a dial up adapter bound to tcp/ip as well
you do not have to share a drive to see each other.