ktalley
I tried to look at the disc on a windows machine and couldn't see any files there either.
That could be due to a bad md5sum (ie bad download) or that you burnt the disk incorrectly.
Remember you should NOT be burning the smeserver.iso file to the disk in the usual way that you burn files to CD's.
You should select to burn an image file and then select smeserver.iso.
Should I be at the sme server screen, ie logged in as admin, and see the sme server non gui interface when I insert the CD.
No you won't see any GUI and you don't login as admin.
You need to be at the sme server screen/keyboard, and insert the CD and restart the server.
When the server reboots the install process will then run with DOS style text/graphical menus etc.
Just follow the instructions. Your whole hard disk drive will be erased & reformatted.