-g with other directories that are not on NFS seem to work fine.
$ docker version
Client version: 1.7.1
Client API version: 1.19
Go version (client): go1.4.2
Git commit (client): 786b29d
OS/Arch (client): linux/amd64
Server version: 1.7.1
Server API version: 1.19
Go version (server): go1.4.2
Git commit (server): 786b29d
OS/Arch (server): linux/amd64
$ uname -a
Linux ip-10-1-3-233 2.6.32-504.16.2.el6.x86_64 #1 SMP Wed Apr 22 06:48:29 UTC 2015 x86_64 x86_64 x86_64 GNU/Linux