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TrueCrypt works better

I have set up my drive to have a "mount" and "unmount" entry in the right-click menu for the drive when it's plugged in (autorun.inf hacking is fun). Not only is it just as secure, but I can easily back up the encrypted volume file on unprotected media to make sure I don't lose it. So the loss of the physical device causes neither a data leakage, or data loss.

And it works on Linux.

The only downside is you need to be an admin on the machine that you access it with, because of the on-the-fly installation of the file volume driver.

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