I am having the same problem. I see the previous post and have tried many, many times to use that arrow to navigate to my audio file. It drops down the directories on my hard drive for a split second, turns them into unrecognizable garble, then tells me there are no items to show in this view. I have tried using the media, drag and drop, trying to place the audio on music, narration, so forth. and I get the same results. Any suggestions?
By the way, I am using Windows 8, 64 bit computer.