swamprat....
I just had the same problem with opensuse10.2 x86_64, and saw your post while googling. I did as jschiwal suggested:
lsmod | grep floppy
floppy 82408 1
And seeing as floppy is present, it was baffling. I even tried 'right-click/format' the floppy icon in 'my computer' - same error.
So.... after thinking about a while, I finally figured it out - I needed to be root!
su
password
kfloppy
Then the gui will actually format! .. Question is, if I can 'copy to' and 'remove from' without permission probs - why not format?
Anyways, thought I'd pass that one on to ya - registered just to post it
cheers