i've detailed how to get protools (m-powered) 8 working in lion here: https://forums.macrumors.com/threads/1197043/
it's not so much a work-around as it is knowing which drivers and updates to install.
And for the unbelievers, a screen shot for proof:
http://www.norrismantooth.com/pt.png
if there's a way to give positive rep on these boards, i'll take it. I need it.