I am using Outlook 2003. Everything synchs to my 7250 except Contacts (BB to Outlook and Outlook to BB). I get an error message in Intellisync of "No Outlook or MS Exchange folders appear to be configured.
Please run Intellisync.....etc"

Does anyone have an idea as to what setting I am missing?

Go in to your DM and click PIM configuration. Make sure that the Contact is checked for Outlook. Seems like you do not have the contacts setup.