One small update (tried editing my previous post but it kept dying)
For those having issues trying to then ftp to your FreeAXP instance and find that you don't get an ftp response, I found this registry hack worked (From Hoffman labs site)
http//labs.hoffmanlabs.com/node/1813:
The information is related to using FreeAXP on a system with a shared network card etc
The crux of the fix is below - for the conditions related to it see the url link above to ensure you are not applying a fix to a problem you may not have!
snip
1. Click Start, click Run, type regedit, and then click OK.
2. Locate and then click the following registry subkey:
HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\Services\Tcpip\Parameters
3. Click Edit, point to New, and then click DWORD Value.
4. Type DisableTaskOffload as the entry name, and then press ENTER.
5. Right-click DisableTaskOffload, and then click Modify.
6. In the Value data box, type a value of 1, and then click OK.
7. Quit Registry Editor.
8. Restart your computer.
end snip