I realize it's early days on this device but I was looking for a SDHC to CF card adapter and came across this one from a German company called Robo

JOBO - mini Adapter für SD/SDHC auf CF (SE9108)*Secure Digital (SD) / SDHC auf Compact Flash (CF)

JOBO SD/SDHC to CF Adapter coming to USA in August: Olympus SLR Talk Forum: Digital Photography Review

There is very little info on it at this stage (that I can find) but it looks interesting and may be being sold in the USA sometime soon at B&H.
B&H Photo Video | Digital Cameras, Camcorders

Would be great if one could throw in a 16gb SDHC card and then use it in the CFII card slot. Let me dream...