I'm preparing a pilot-study on Full-Text Search and this script will go part of the way towards it. The extended procedure master.dbo.xp_DirTree will be useful anyway.
The aim is to see how useful it might be in storing some/many/all of the company's office-documents, saved scripts and PDFs.
FTS can read & index LOBs with the help of iFilters although Jeff's comment about LOBs being the wrong way to do things is a tad worrying. I am expecting the DB to grow big quickly and one of the aims of the pilot study is to see what exactly the resource requirements are.