I am currently running NI-FBUS Configurator Version 3.1.1.4054. The device connected to the Linking Device is a Emerson Rosemount 3095, I have the newest DDs loaded on my laptop. I have gone through the steps that you gave in your post and have taken screen shots as I went.
First I added just the Ethernet connection

When I started NI Configurator the standard message about the need to open Connection Manager opened and I clicked OK to start it. It loaded correctly and minimizes itself.

When configurator loads, the only connection available is through the Ethernet.

Once the connection is established, all of the Linking Devices connected to our network show up. The one circled in red is the FBUS-HSE/H1 device. After 5 mins the device is still showing up as trying to connect. I notice that the Transmit Light never blinks except for the occational Sm Identify Annunciation. The Receive Light blinks a lot however.

I then shutdown everything and load up the Interface Configurator Utility again. This time I add the HSE/H1 Linking Device to the set of connections. All of the connection parameters are the defaults, no values are changed from what is received from the device.




All of this information is received when the Interface Manager receives an annunciation from the Linking Device. At this point there is just the Ethernet Interface and the HSE/H1 Interface for the FBUS-HSE/H1 Linking Device. The rest of our Linking Devices are not added at this time. When I load up the Connection Manager I get the following error after it waits on the "Initializing" stage. I never get to the step where its initializing the two segments on the Linking Device.

I have been using the NI Tools for connection to a Rosemount 3420 without any problems. We have contacted NI's Fieldbus people and even had another FBUS-HSE/H1 device sent to us. We have never been able to get NI Tools to work with these Linking Devices. Hope this information helps, thanks.