2 things i needs to know, can i download in mono and how to adjust the recording level?

I presume you have tried the Sony site, I have and the info is diabolical, when you are expecting people to buy your products.
I shall monitor this thread in the hope someone can enlighten us

I'm not sure exactly what you mean.
But here are some links which should help you with just about anything.

http://www.minidisct.com/forum/
http://www.minidisc.com.au/pafiledb.php