Treo 650, Versamail, and IMAP Sub-sub Folders

Is it possible with Versamail to sync up subfolders of a subfolder? I'm trying to sync a folder on my exchange server that's two down. The "sync server folders" feature will show only the first level of folders. Is there some way to make this work or do I need to find another email client like chattermail?

I'm also very interested in this. I can get folders under INBOX to work, but for other folders that sit at the same level as INBOX, I cannot get versamail to see them. Only way is to create another account and make the root dir that other folder.