Views: Display nested child terms with descriptions?

I have seen this question asked and never answered. Or perhaps not quite answered to what I'm trying to accomplish here.

Consider the following taxonomy hierarchy:

-Years (Vocab Name)
-2009
- Term 2009 1
-2008
- Term 2008 1

I am trying (with views2) to output Only the child categories of each parent. For example:

output:

----------------------------------------------------------------------
block1:
This is Term 2009 1. This is the term description for this term

block2:
This is Term 2008 1. This is the term description for this term
-----------------------------------------------------------------------

The output always returns the parent item as well as the children. I thought the depth modifiers would help, but they don't seem to do anything related to what I'm trying to accomplish.

Is there anyway to do this without having to write a custom module?