iPhone + exchange calendar - will it still sync with iCal?

[lopoetve]

I know that enabling exchange sync will overwrite the calendar on the phone - that's fine. Will it then sync the exchange calendar (at least the copy stored locally) to the iCal application on my Macbook (and thus, via mobile me, to my other home systems)? I'm hoping to be able to keep them all synced thusly.

 

[mHubs]

No sir, it won't do what you want

 

[lopoetve]

doh

Ok, will mobileme sync an exchange calendar to iCal?