i am having the same problem. i also have the europe version (blk razr.)i had to switch most of the settings to us version. they are on the swissMMS market. does your browser and MMS work? i got mine to work yesterday. happy about that but still cant seem to fix this vmi problem. let me know if you come across anything.
I recently purchased a european motorola razor v3 unlocked phone. it works fine with my cingular chip except that all voicemail calls show up on the phone as text messages in the notification. The text message inbox indicates the number of text messages but of course there is no data when you open the text message in the inbox. meanwhile the voicemail box indicates 0 calls even though there are several. the messages are retrievable through the voice mail number so they are not lost. It is merely this notification and storage function that is off.Is there anyway to get the voicemails to show up on the phone as such and be recorded in the voicemail box in the phone? its a small quirk but annoying and apparently common to razor v3s outside the U.S.

Chowhound
Comic Vine
GameFAQs
GameSpot
Giant Bomb
TechRepublic