Check the link above for the utility disks for the Vulcan. It includes a formatting utility and badblock tool if I recall. My drive was bootable AS-IS when I bought the machine at Value Village and continued to be useable after I formatted it once or twice for good measure.
I really do not recommend investing in a CFFA if you have the Vulcan controller. Again, all you need is a 32mb CF card and you're
golden. I don't knwo why the heck people moan about the card being slow. A mass storage controller is a mass storage controller.