The settings in IIS7 differ from IIS6 and as a result there are different steps that need to be followed.
Once the SmartConnect installer has finished and the SmartConnect web service is installed on the IIS7 machine, it needs to be configured. First, the ASP.NET components need to be installed for IIS7. Go to Control Panel – Programs and Features – Turn Windows Features on or off. This should open the Server Manager window. Expand the Roles folder on the left and right-click on Web Server (ISS) and select Add Role Services. Expand the Web Server – Application Development folders. Check the box next to ASP.NET and hit Next and then Install. Next, open up IIS Manager and expand the