Solaris 9 Home Directory, Two Machines Sharing a NAS

This is true for locally attached disk or SAN based file systems, but hopefully not for NAS based ones.

As shared directory wouldn't make sense if not shareable.

I agree there is a risk of file corruption (but not file system corruption) if multiple clients access the same file at the same time, but this risk also exists when multiple processes do the same on a single host.