Sorry, that's actually a private helpdesk thread. The main point of it is summarized below.
"It doesn't read isnullable from view meta-data because often databases don't update this info after the view has been created. So if you for example create a view from table T and 2 fields are not nullable, and after creation of the view, you alter the field in the table, the view's meta-data isn't updated. This isn't true for all databases, but for some it is the case, hence this value is ignored. "
Most grids have a "null value" which you can set to get it show a blank/null for a particular value.
Matt