Wow, you give up easy.  There is a dos formatting tool on this board somewhere, or format it using your digital camera, or use a card reader, or a linux boot-cd.  Format with the real fat32 (or vfat).  Check your firmware before flashing, because nothing will happen if you are up to date!  There are 2 parts to firmware updates, like in the tutorial.
For playing games, just drop them in the root, and make sure you have the sdl libraries installed.  There are 2 parts to installing the sdl libraries, as listed in the above tutorial.  Try some mp3s and the like first, to see how your card is going (and to get a quick happy feeling).
Otherwise, go back in time and buy a PSP and don't complain, or try a little harder, or wait a bit and get more updates, you do have a first edition (read pre-pre release for devs and hardcores). 
Really, its not that hard.  Just look at other simular posts.