Andrew and Kevin, I ran in to this same issue today… Contacted OWC (they are apparently unaware of the issue) and searched the Adobe forums but didn’t find anything useful there. Fortunately I found this post. Unfortunately, I don’t have a spare to back up to in order to reformat my drive. I should have one soon and will post back if the solution works for me as well.
In the meantime, I wonder if there are any ramifications of reconnecting media not using the media browser and using the finder interface? I am working with C300, P2, and F5 material, so I always use the Media Browser to import footage.