I got a Seagate yesterday from Amazon. Great deal with rebate, Credit Card application discount, and Free downloads from Real......think the final cost was $126 shipped, plus the free music.
Anyway, I plugged it in, listened to it whir into action, downloaded about 5Gb of Movies and Podcasts and assorted files to it. It works perfectly, plays video smoothly with no issues, seems to spin up really fast, in fact I notice no real speed difference accessing files compared with a 512Mb Sandisk CF.
You do need to add something to enable pulling it out of the slot (tape) if you switch the card for, say, a WiFi CF card, but isn't that true for all Microdrives?
I am a happy camper.