Hello all - deepest apologies for making this my first post, but it seems like there's a lot of you going through the same trouble I have for nearly two years. I manage about 450 clients via Altiris seat management software, and one of the principals insisted that all student stations and teacher stations have SMARTBoard available. I only wish I'd found this forum before all the wailing and gnashing of teeth.
Someone asked about the .MSI files - it could have been better stated in the site documentation, but that's kind of what the Administrator programs are for; they can both extract the .MSI and craft an appropriate .MST file. I found out the hard way that the locations involved matter quite a bit, so creating .MST files tend to reference the workstation you're using rather than prompting you for the directory you prefer.
I, too, had the "malfunctioning .MST" problems since I have to script (and don't control my own GPO's); it turns out that finicky syntax is generally to blame. This (single) line works for me:
msiexec /i "\\WPNYCX-Altiris\Express\Software\Smartboard\Notebook Software.msi" /q transforms="\\WPNYCX-Altiris\Express\Software\Smartboard\Smartboard10.mst"
And once I can get it to slurp down the .MST file, then the shared resources on a mapped network drive work flawlessly.