Creating a "symlink" to a LAN server in Windows 7

Because I spent far to long trying to work this out (thinking too much in linux terms) I thought I'd make a blog-post to help others.

mklink /D "C:\{local path}" "\\{remote server}\{remote path}"

Microsoft actually seems to claim this isn't possible on their website, but Bing is such a POS search engine I probably couldn't find what I was actually looking for.