Ok guys this is what I found with the turnigy trackstar software.
As everybody has said it wont READ the ESC, but I found it will WRITE to it.
This is how I did it...
First you have to create a "test" file with the extension .esc , example: test.esc to desktop or location of your choice.
You can create one using notepad. open notepad, leave it blank, click save as, at the bottom change save file type as:: to all files/types, save as test.esc. must not save as .txt file or it wont work so test.esc ...NOT test.esc.txt, just so its clear for all

Open USBLink by right clicking on icon and run as administrator, Click on load from pc and select your "test" file, you will get file error but the program opens. in general settings you must click on default button or the program will crash when you go to the throttle tab. or use the one I attached to avoid the file error(only changed running mode to forward/brake/reverse) you will have to rename it to .esc as I cant upload this file type here, follow above procedure to name correctly, once you are "IN" you can change and save your config, and then it will write it to the ESC. Cant read it though
I confirmed that my change was saved in the ESC with the program box by itself. Hopefully HobbyKing will sort this out soon with a firmware update

EDIT: (Sorry, should have said I'm running Win7 Pro) You can Create a shortcut to USBLink on your desktop and change its properties to always run as admin( right click icon: properties: compatability: run as admin (checkbox)

EDIT: Also just wanted to add that when connected to PC, NO battery is required to be connected to the ESC and you do not need to press the power button, it powers through the usb cord. You only need the battery if using the program box by itself.