I had a similar Intellisync problem with my new 8700g and Outlook 2002 SP3, but I did not even have the browse option - it did not allow me to click on it. I got a message saying:
"The file or database associated with MS Outlook is missing, invalid, or points to a file of zero length. Use the "Browse" button to locate the file or database you wish to use with this application."
[very helpful when I could not access the Browse button !]
Having searched this forum exhaustively I eventually came across this thread and tried creating a new Profile in Windows XP/Outlook - it resolved the problem completely, so
many thanks !