Readyboost Not Recognizing USB 2.0 Port

My first time posting on these forums, not sure where to put the thread so I'll just leave it here.
I tried today to use my 3rd Generation iPod Nano as a flash drive to use it with Readyboost to boost my memory, but when I got to the Readyboost tab this error came up:

As you can see, Readyboost says I'm not plugged into an USB 2.0 Port, my drivers tell me I have USB 2.0 installed. This error occurs in all 3 of my ports.
Here are my specs:


Also, I used an iPhone cord to plug my iPod into the computer, if that makes any difference.
Hopefully someone will be able to help me out
Thanks in advance.

Bump + Double Post + More info
What the Event Viewer log says:


I guess Readyboost have something against my USB2 drivers or something

As you can see from the Event Viewer log it shows nothing of an error due to my iPod being too slow, rather it's the port problem that keeps coming up
I can show you a screenshot of another drive that's too slow connected to the system, in which the problem with the speed comes up, if it's required

the flash drive or memory card should have at least 1 gigabyte (GB) of available space. If your drive or card doesn't have enough available space for ReadyBoost, you'll see a message telling you to free some space on it. For best results, use a flash drive or flash memory card with at least double the amount of available space as the amount of memory (RAM) in your computer.

That's from the Win 7 help on ready boost.

Ready boost is of questionable benefit on Win 7 computers.

nanop33 said:

As you can see from the Event Viewer log it shows nothing of an error due to my iPod being too slow, rather it's the port problem that keeps coming up
I can show you a screenshot of another drive that's too slow connected to the system, in which the problem with the speed comes up, if it's required

And more info for you:
If your computer has a hard disk that uses solid-state drive (SSD) technology, you may not see an option to speed up your computer with ReadyBoost when you plug in a USB flash drive or flash memory card. This is because some SSD drives are so fast they're unlikely to benefit from ReadyBoost.

As you see, we benefit greatly when you complete your System Specs. Here's how:

________________________________________

HOW TO FILL OUT YOUR SYSTEM SPECS

In the line at the top of www.SevenForums.com you will see UserCP.
That is an abbreviation for User Control Panel.
Click on UserCP.
In the left-hand column, under Your Profile you will see Edit System Spec.
Click on Edit System Spec
You can copy and paste from the output of Speccy, Speccy - System Information - Free Download to fill out much of the info. Be sure to use the Other Info section of your System Specs for such info as your optical drive, your wireless adapter, your speakers, etc.

Failed to mention, the ready boost info is available by:
WIN + F1 key combo | type Ready Boost | Enter key

WIN is the key with the wavy flag on it.

Sorry about that, I'll fill it in shortly.
I do not own a SSD, just a regular old HDD. My iPod also has around 6GB of space left in it.
Also, when I enter my BIOS Setup, the options seem unusually limited. All I have on the menu is Config, Date/TIme, SEcurity, Startup, Restart, and HDD diagnostic program. No Advanced tab either
When I go into Config -> USB, all I got there is USB Bios Support (Enabled) and Always On USB (Disabled). So cluberti, I don't know how to check for the settings you have mentioned

@whs
I see that the application you have recommended does not show the minimum write speed of the drive should I use the free trial.
Is it ok if I use another program instead or is there another you would like to recommend?