Yes (if I understand you correctly). On the server the LAN NIC should be
configured with a static private address - eg. 192.168.0.1 and this NIC
should NOT have a default gateway.
Client machines should use the server's LAN NIC address as their default
gateway - eg. 192.168.01 per above. To test this - on a client machine try
to ping a known unblocked Internet IP (try 216.239.57.99). If ping to an
Internet address works, then NAT is working. If ping to an IP address
works, but clients cannot browse the internet, then the problem is most
likely DNS - try manually configuring a client machine.
If ping to an internet IP does not work, then either NAT or client IP
settings are not properly configured.
Doug Sherman
MCSE Win2k/NT4.0, MCSA, MCP+I, MVP