I hope that means you topic problem is resolved... 🙂 Or, are you saying it works with an older version of iTunes, but not the current version.
I noticed that SDXC cards (smaller size than compact flash) are significantly cheaper (on average) for the same storage capacity. I bought this SD card to compact flash adapter.
http://www.amazon.com/gp/product/B00EPMWT1M
This adapter is physically the same size as the original MicroDrive. You can use the same wrap-around "padding" used on the MicroDrive. There is no need to add anything to take up the excess space (because most compact flash cards are thinner than the MicroDrive). The SDXC card in the adapter is by Sony. I bought it a while ago (to use with my Mac), but I think it's this one
http://www.amazon.com/Sony-Class-Memory-SF64UY-TQMN/dp/B00B7ID9CU