It sure does work. It's the GUI's volume manager that's being the PITA. That's why I wrote a ticket to
Allow for old volume manager to be used. It's basically been back burnered. Personally, I consider this a mistake because the Volume Manager is the very first thing you actually do in FreeNAS. If that itself is broken, how are we going to convince people its a trustworthy product? We've already had lots of people that basically show up and they respond with "If the Volume Manger is this broke I don't even want to know how unreliable it is with my data".
Sorry, but there's a big fail when 1/2 of the mods don't upgrade their zpool to v5000 just so they can go back to the old volume manager if necessary...
And with that, I'll get off my soap box and go make myself a sandwich now that the tornado warning is over.