Hi Myllisa - No, there's no real workaround for that. You can still only use the email program for the "one email, once" scenario. As soon as you need scheduled or triggered email sends, you must use a smart campaign for this. For triggered emails you can use "Champion/Challenger" to get the A/B functionality, but I can't see any way to get you the dashboard in that scenario, at least not yet.
Rachel - Regardless of if you use the email program standalone or nested, the email asset you want to use in the email program MUST be built locally to the email program. Building the email asset in the parent default program will not work, you will not be able to select it in the email program. This is (as far as I know) by design.