You mean that ln -s one/location other/location at the system level won't work? I've not actually tried it myself yet, but I can't see why Moodle would care whether it was a real file or a symbolic link. I'll report back after I've tried it myself.
edit: well I've tried it and it almost works. You get a nasty warning at the top of the files section saying:
Warning: filemtime(): Stat failed for /srv/moodledata/cvs/7//users2.xls (errno=2 - No such file or directory) in /srv/www/htdocs/moodle/cvs/files/index.php on line 726
and despite showing the file fine and allowing you to rename and move it around it later claims it can't find the file for presumably similar reasons when you try to present it as a resource.
I can't think why Moodle cares whether a file is a symbolic link or not, but there may well be a good reason.