No progress thus far, but I have been experimenting with reg. entries and this is the latest I applied:
Windows Registry Editor Version 5.00
[HKEY_LOCAL_MACHINE\SOFTWARE\Policies\Microsoft\Windows NT\Printers\RPC]
"RpcUseNamedPipeProtocol"=dword:00000000
"RpcProtocols"=dword:00000007
"ForceKerberosForRpc"=dword:00000000
[HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\Control\Lsa]
"LmCompatibilityLevel"=dword:00000003
"RunAsPPL"=dword:00000000
"RunAsPPLBoot"=dword:00000000
[HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\Control\Lsa\MSV1_0]
"BlockNtlmv1SSO"=dword:00000000
"NtlmMinClientSec"=dword:20000000
"NtlmMinServerSec"=dword:20000000
[HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\Control\Print]
"RpcAuthnLevelPrivacyEnabled"=dword:00000000
[HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\Services\LanmanWorkstation\Parameters]
"AllowInsecureGuestAuth"=dword:00000001
"RequireSecuritySignature"=dword:00000000
"EnableSecuritySignature"=dword:00000000
[HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\Services\LanmanServer\Parameters]
"RequireSecuritySignature"=dword:00000000
"EnableSecuritySignature"=dword:00000000
"RestrictNullSessAccess"=dword:00000000
[HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Windows\CurrentVersion\Policies\System]
"LocalAccountTokenFilterPolicy"=dword:00000001
"EnableLinkedConnections"=dword:00000001
Have 25H2 "host", 25H2 "guest" and 23H2 "guest".
When I try to access shared files to 25H2 "host" from 25H2 "guest", it requires username\password (even though host does not have any). Any reasonable input produces "incorrect credentials". Adding username\password on the hosts account and typing those in 25H2 still results in "incorrect credentials".
Strangely, 23H2 guest access files with 0 issues. I can browse, copy, do pretty much anything. Until I try to add the printer, then I get the "The credentials supplied are not sufficient to access this printer". Any credentials I tried to input, it will state they are insufficient and ask if I want to add different ones.
Lastly, 23H2 version (being host in this case, that is "endowed" with the registry changes from the 1st post of this thread) can share printer, files and everything with 0 issues, regardless if the guest is "23H2" or "25H2", including printer.
Just for the sake of sanity, I did export the registry keys from 23H2 to 25H2 and all issues are same. Conclusion is that there might be some additional keys SOMEWHERE that need to be added to use network sharing in compatible mode. It all smells of some credential thingy added, that I couldn't clank-out.
And, there is a QNAP on the network that just connects with everything with no issues whatsoever.