Your problem sounds familiar. After experiencing the same thing that you did, I tried launching the restore operation by starting Ghost within Windows and, at least initially, not from the Recovery CD.

Within Windows, Ghost acknowledged the request to restore from backup. It allowed me to identify the desired recovery point and it told me to boot from the CD. Once Ghost booted from the CD, the network configuration wizard took over and found the desired recovery point on NAS. It proceeded to verify the image and restore the computer.

The procedure, then is:
1. Start Ghost from within Windows.
2. Identify the desired recovery point and follow the steps until Ghost tells you to boot from CD.
3. Boot from CD and wait for Ghost to restore your computer.

(This presumes that you have set your BIOS to allow booting from CD.)