I have experienced the same issue. After working with support, the final answer was "Yes, that does not work correctly. Try to use 'mapiinsert'." If you find a way to make it work, please let me know...
M3D 2012 and 2013 Win 7 Pro x64 HP 8200 i7 - 16GB RAM AMD Radeon HD 6350
I'll try to figure it out... I need to use ecw rasters via FDO, mapiisnert is not usable in my case... -- Srda?an pozdrav / Kind regards Tomislav ?imenc Direktor EDC d.o.o. Antuna ?trbana 18 10000 Zagreb tel. +385 1 6539717 fax. +385 1 6539716 gsm. +385 98 576526 mailto: firstname.lastname@example.org url: www.edc.hr