No replicated data even though master log matches on slave

I am having very strange problems with the slave not replicating master data but the slave’s log matches the master’s at all times. I am running mysql 4.0.9 on a Win XP Pro (Master) and Win XP Home (Slave). Here is my procedure for setting up the replication: Initially both the master and

replication problems with InnoDB tables...?

So I have been reading a lot lately about replication but I can't find a good summary/explanation of MySQL's replication features regarding InnoDB tables and how their transactional properties may cause problems in replication. I have seen suggestions that InnoDB tables should be converted to