Sounds to me like something is still trying to write to the drive
or trying to auto run if as you say it is flashing away.
Does the drive show up in devices and printers when
you first insert the drive in a USB port?
If so - try this if you haven't already:
Right click the drive
Click properties
Click the hardware tab
Click the name of the device to highlight it (eg: click OCZ Rally - or however it appears)
Click properties again
Click policies tab
Make sure that Quick removal is selected if not already
Click the volumes tab
If not already- click populate
Highlight the volume
Click properties
Click tools
Run the error checking tool
Check the
driver
If the drive doesn't appear in devices and printers it's gonna be very hard
to try any of this. That is to say that you wont be able to
as you probably already guessed.
Hope I'm not throwing dumb and already known ideas
out but I think failing that you bin it.
Hope I may have been of some help.
Edit: OMG I didn't see the above post - i know I just threw out
some dumb ideas now! Sorry