These are the steps

1. Install Studio (or a subset see link)
ms-help://MS.VSCC.2003/MS.MSDNQTR.2003FEB.1033/vsdebug/html/vctskinstallingremotedebugmonitor.htm

2. Ensure that the you are added to the ‘Debugger users’ group on the local machine.
ms-help://MS.VSCC.2003/MS.MSDNQTR.2003FEB.1033/vsdebug/html/vxtskinstallingdcom.htm

3. Apply the following reg key if you are not logging on to both boxes as the same user.

Windows Registry Editor Version 5.00
[HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Machine Debug Manager]
"AllowLaunchAsOtherUser"=dword:00000001