Just like you guys my HUWAEI E160 would not work under snow leopard, the app just kept crashing.
HOWEVER I NOW HAVE IT WORKING.
The solution is:
Plug in the device, when the disk image mounts, right click on the app and choose 'show package contents'
Navigate through contents -> resources -> and run the Mobile_Connect_Drv_App.pkg
Reboot
Then in system prefs -> network
you will see HUAWEI Mobile (not connected)
Fire in the following settings
telephone number *99#
account name o2bb
password password
and all should now be working 
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