Also, by default IIS 6.0 is only configured to compress the following file types: htm, html, txt, asp, dll, exe.
So if you're browsing to some other type of file (php or aspx, for example) it won't be compressed.
You can configure additional file types to be compressed using the following commands:
for static file types...
cscript c:\Inetpub\AdminScripts\adsutil.vbs SET W3SVC/Filters/Compression/deflate/HcFileExtensions htm html txt css js
cscript c:\Inetpub\AdminScripts\adsutil.vbs SET W3SVC/Filters/Compression/gzip/HcFileExtensions htm html txt css js
for dynamic file types...
cscript c:\Inetpub\AdminScripts\adsutil.vbs SET W3SVC/Filters/Compression/deflate/HcScriptFileExtensions asp dll exe aspx asmx php
cscript c:\Inetpub\AdminScripts\adsutil.vbs SET W3SVC/Filters/Compression/gzip/HcScriptFileExtensions asp dll exe aspx asmx php