I'm running into this same issue, but using active mode this time:
Status: Resolving address of myapp.cloudapp.net
Status: Connecting to myappsip...
Status: Connection established, waiting for welcome message...
Response: 220 FTP to Windows Azure Blob Storage Bridge Ready
Command: USER myuser
User myuser logged in, needs password
Command: PASS *********
Response: 220 Password ok, FTP server ready
Status: Retrieving directory listing...
Response: 257 "/" PWD Successful.
Command: TYPE I
Response: 200 Binary transfer mode active.
Command: PORT 80,86,117,2,5,74
Response: 200 PORT command succeeded
Response: 150 Opening data connection for LIST
Error: Connection timed out
Error: Failed to retrieve directory listing
I am 100% certain that the account name and key in ServiceConfiguration.cscfg are correct (as i quadruple-checked), and Mode is Live.
Any ideas ?