Holy crap, this is nice.
But trial version? Please make sure you mention things like this =]
But yeah, installed, tested great. Puts a little icon in your "System Tray" to select between "Activesync" and "Card Reader".
Works on my Magician, connecting to XPSP1 machine. Yes, it had to install drivers but the drivers were native so in about 10 seconds I had access to my SD Card.
Did a quick file transfer test - MUCH faster than Activesync.
This might save me having to carry my card reader everywhere, despite the fact that the cable doubles as my Magician charger ;D