I figured it out. You are supposed to:
- Plug in the device, let the host grab it
- In the host, go to virtual box, and edit the configuration for the guest to use usb, and add a filter to include the plugged in device
- Note, you may need to install the Extension pack to enable USB 2.0
- Unplug the device
- Start the guest os
- When the guest os is running, plug in the device.
Virtual box will grab the usb device and make it available for the guest. The guest will then go on and try to identify and configure the device.
Done.
Notes:
Done have a running or saved instance of the guest(virtual machine) running while changing the settings.