Got a RSD 1200.1 that maybe i should have Brian check it out for a month or two....?! Hit me up if yer interested Brian. (i am not interested in selling...yet) I can't seem to let go of my stack of 1200.1's...haha

BTW, did you try going to the Disk managment console to see if the memory stick is there? http://support.microsoft.com/kb/309000 By default a non partitioned drive will show no Drive letters let alone drives in Explorer or anywhere. Since the drive (memory)has not been initialized or partitioned. So...

Try booting in safe mode? Does it do the same thing?