Yes it's true, Bill and I went to grad school together. I still remember the day when Sung-Hou, his graduate adviser rolled out the red carpet after Bill solved the catalytic RNA structure as a PostDoc in England in the most brilliant and simple way beating Sung-Hou by miles.
Regarding the alias problem. I used an Applescript first. I gave up on it because the script didn't do well with the large number of files that I wanted to create aliases for (~70,000). The speed by which aliases were created started out high but slowed significantly after about 1000 aliases and the script finally timed out after about 15,000 aliases.
I then found a Contextual Menu Items that does the job superbly. It's called QuickAccessCM.
http://www.versiontracker.com/dyn/moreinfo/macosx/16169