I created a second wlm account and added my first account on the contact list. 

I then logged on to my first account.
When I do Tools>Options>Privacy>View to check the list of people who have added me to their contact list, I dont see the second account on the list.   Meaning the first account was not on the second account's contact list. But the fact is, it is.   The first account was added on the second account's contact list.  Grrrrr

This is not good.  Any explanation to this issue?  Thanks

Try reading this:

Contact List Clean-Up NOT Working - Information!