You cannot have an Object Data Source running on MOSS and it have a parameter (insert, update or otherwise) with a type of 'object'. This appears to be the type assigned for GUIDs (database fields of type 'unique identifier'). When you do, as soon as I would bind the formview I would get a generic MOSS error page. You know the one, 'A web part is causing a problem....'By changing the type on the parameter to 'string' everything started working...
(BTW, when he refers to ASP:Table elements junking up otherwise working code inside of SharePoint, what he really means to say is "Eric screwed up my perfectly functional code by filling it up with server-side elements that we didn't need". Now you know the rest of the story...)
There'll be a whole lot more where that came from when we get all of our blogs moved over to the new MOSS site so stay tuned - and if you don't read Sean's blog already, you're missing out. Add it to the 'ol blogroll, pronto!