I am having the same problems. I am sharing a DSL connection with my wife's Mac (she is running OS 9.2.1) we are both behind a NetGear Gateway Router. She can connect fine from OS 9.2.1 but when I launch the app from OSX.1 it just sits there and won't connect, it just says it is establishing a connection with one of the listed servers.

Hmmm....Any ideas?