Alias Archive functions both as a standard application and a Droplet, and will faithfully create an identical directory structure of the source item to a selected destination containing aliases to the original files. This is especially useful when dropping CDs or DVDs of data, as it will create a persistent searchable duplicate for you allowing you to take advantage of the Mac OS X Spotlight search capability as well as share the catalog with others by creating the Alias Archive on a file server.
What's new in this version:
Leopard Update
Operating System Requirements:
This product is designed to run on the following operating systems:
# find /Volumes/sourcedir -exec ln -s {} \;
Warning: I have not tested the above, but it's all there for free if you don't need a GUI, progress bar, and $15...