Any better way to add a shared contact folder to address list

I have seen previous posts regarding a shared contact list has been added to
an Outlook profile but can't seem to be placed in the Outlook Address book.
Was mentioned about opening the other users mailbox and then keeping that
mailbox open in the other profile. Is there no cleaner way to simply add
that shared contact folder into the address book? The user that has been
given rights to the contacts has also been set as an Owner on the shared
Contacts folder but to give rights to the mailbox itself and then also leave
that in the active profile just seems really bad.

So, any new clean way to add someone else's shared contact list into the
other persons Outlook 2007 address book? Also, this was a sub folder of the
first persons contact folder called "Students". So "Students" was shared and
we want that to also be seen as an address book on the other person's Outlook.

Thanks!!