On the surface, you are right, AD seems to be a directory grafted onto a domain. But really, it's more like a domain (as in iwethey.org) endowed with a security schema and user contexts. This is not so different from NDS (how could directories really be very different anyway) and in some ways is better because it maps closely onto the Internet. NDS is a nice abstract directory, but AD really is a decent new idea. I am honestly surprised how many reasonable ideas are in Windows 2000 Server. I think this is mostly due to pressure from UNIX networking. Windows NT 4 really was a disgrace in comparison to UNIX, something that became widely apparent as Linux gained popularity. I didn't think software living in the NT world could ever be anything but shit. I would guess that Cutler was a non-factor in the final form of Windows 2000.
I criticized MS and MS consultants unmercifully because they could never explain how they were going to move large domain models over to directories. The answer turned out to be - people paid more attention to their WANs from 1996-2001, and so LAN Manager domain models, which were already dated in any case, gracefully vanished.
Now that NT 4 is dead, OS/2 can breathe easily as the world's leader in NetBIOS technology.