I found a way to list the shared folders and noticed that my computer was sharing a bunch of folders that I didn't want shared. Most importantly, ALL my personal and system files were exposed by default. WTF!?
You can disable them by running "Computer Management" through "compmgmt.msc" and selecting "Shared Folders" > "Shares".
There you can find a list of all shared folders in your computer.
*update 8/6/2011* Thanks to xD for sharing a way to stop the drives and system folders (ADMIN$, C$, etc) from being shared!
Open up a command prompt with admin access and paste in:
reg ADD "HKLM\SYSTEM\CurrentControlSet\services\LanmanServer\Parameters" /f /v AutoShareServer /t REG_DWORD /d "0"Reboot to complete.
reg ADD "HKLM\SYSTEM\CurrentControlSet\services\LanmanServer\Parameters" /f /v AutoShareWks /t REG_DWORD /d "0"