(Cross posted from L/J...)
After much fiddling, it turns out that one can get the Griffin PowerMate to work under Vista. You just need some patience. And a bit of luck.
In particular, you need to:
OK, so probably not worth the effort, but there was geek pride at stake here... ;-)
BTW, this was also pretty neat. Clearly the answer the next time is to write code to solve the problem.
Hopefully this will help others running into the same issue.