I have that same drive you do and while I haven't exprienced that particular problem, I've had other problems with it. The MT recognizes it just fine as of v1.3.3.
My problem is that it really hasn't given me a good, flawless recording at 24/48 yet. If it's not missing/dropped bits, it's pops and clicks and other weird happenings. It would be sooo nice to get rid of the liability of a laptop and soley rely on the MT, but as of now, it's not something that's realistic yet. A couple days ago I bought a Ritek 4 gig 80x card. We'll see how that does
You're probably better off staying away from microdrives. Too many moving parts in those tiny things anyway.
Good luck