The contents of a DFS share do not appear if you access the share by using a shortcut to the DFS link from a Windows Vista-based computer or from a Windows Server 2008-based client computer
On a Windows Vista-based computer or on a Windows Server 2008-based client computer, you create a shortcut to a DFS link in the Favorite Links folder (%Userprofile%\Links). However, when you try to click the shortcut in Windows Explorer, the contents of the DFS share do not appear.
Note: This problem does not occur if the shortcut points to a DFS root folder or if the shortcut uses the UNC path for the target share.
For more information on this issue, including potential causes, workarounds, and resolutions, see: Microsoft KB Article KB953537.