Hi,
You Cannot View or Change the Read-Only or System Attribute of Folders
http://support.microsoft.com/default.aspx?scid=kb;en-us;326549&Product=winsvr2003
Unlike the Read-only attribute for a file, the Read-only attribute for a
folder is typically ignored by Windows, Windows components and accessories,
and other programs. For example, you can delete, rename, and change a folder
with the Read-only attribute by using Windows Explorer. The Read-only and
System attributes is only used by Windows Explorer to determine whether the
folder is a special folder, such as a system folder that has its view
customized by Windows (for example, My Documents, Favorites, Fonts,
Downloaded Program Files), or a folder that you customized by using the
Customize tab of the folder's Properties dialog box. As a result, Windows
Explorer does not allow you to view or change the Read-only or System
attributes of folders.
I hope this helps,
Mike