Hi,
I am having the same issue. I live in Australia so my stick is different to yours. I plug it into a powered spot and the look it up under system profiler. It is named as 'HOOK', i don't know what this means. I have run the installer many times and on another mac as well. It is still doing the same thing. I get to the part where it asks me to plug in my eyetv. I do this, however, the next button doesn't illuminate. I have waited for hours hoping that it will magically begin working, however, it does not. I tried this on both the firmware on the disc provided and the updated version. Please guys any help is good help.
I am still trying to communicate with the people from elgato about how i can fix it. My old one stopped working so i got it replaced, which took some time. I eventually get the new one and it still doesn't work. Is this a coincidence or just really bad luck. If i return it and the next one is still not working then i know that there must be something wrong with my own computer, i have no idea what.
Drino