Please have a read through my Exchange 2003 / Activesync article which should be all you need to get Activesync working on your server.
http://www.experts-exchange.com/Software/Server_Software/Email_Servers/Exchange/A_1798-Exchange-2003-Activesync-Connection-Problems-FAQ.html
Following the above article will not get you to remove any virtual directories. The above article is all about creating the exchange-oma virtual directory which SBS has by default.
There are some circumstances where deleting and re-creating the virtual directory are necessary, but without testing Activesync on https://testexchangeconnectivity.com and reviewing any errors, that step is premature.
My article covers errors and their relevant fixes.