Normally, I don't delv into such topics as many things are truely to variable in software of this size. However, I have a bad habit of reaching out and slapping those that go "Duh! You can't do this because of this!" without taking a second to think, or show reason why.
First of all... Because a cell contains a formula, does not mean that it cannot be counted as blank. You can in fact create a worksheet, add a text value to certain cells between A2 and B5, leaving some blank and one with a formula in it (ie: =IF(B4<30,"",B4)), and get the end results using =COUNTBLANK(A2:B5). The result of this would conclude in the sum of blank cells including the cell with a solution inside, but no set value.
=COUNTBLANK(?:?) will indeed count all blank cells, and cell with "" value, but not cells with "0" value.
=ISBLANK(?) checks to see if a cell is "empty". Empty and Blank are not the same thing.
Now, if I understand your question properly. What you are trying to do is validate a field and based on the validity, judge whether the cell should be blank or not. (ie: FALSE = "", and "" counting as a blank cell").
What I don't understand is what your doing with the results. Whether your just trying to validate, count, sort, etc... Also, while I'm typing this, I should ask if you've tried what I call "outside solutions? Devoting a page of your worksheet to remote solutions/cells?
Allow me more information, and I'll have your problem solved. This all of course is based on the assumption that you have Office '03, since you haven't stated otherwise.
Good Luck,
Robbie