i believe the use of shared folders will only work if

1) you have guest additions installed. (not avalivable for 98 or ME)

2) your network adapter is enabled.

i do not let my windows vm's access the internet

(why give myself all the headaches involved with that)

so now the reason to use a simple vdi to share between them all.

i will try the storage option and see how it works and post back,

also i dont forsee the need to have many vm's accessing the storage vdi at the same time.
