If you manually set the textfield and valuefield in the aspx source then it should work fine:
<asp:FormView ID="FormView1" Runat="server" DataSourceID="SqlDataSource1"
HeaderText="Customers" AllowPaging="True" DataKeyNames="AddressID">
<EditItemTemplate>
AddressID:
<asp:Label ID="AddressIDLabel1" runat="server"
Text='<%# Eval("AddressID") %>' /> <br />
City:
<asp:TextBox ID="CityTextBox" runat="server" Text='<%# Bind("City") %>' /> <br />
StateProvince:
<asp:TextBox ID="StateProvinceTextBox" runat="server"
Text='<%# Bind("StateProvince") %>' /> <br />
rowguid:
<asp:TextBox ID="rowguidTextBox" runat="server" Text='<%# Bind("rowguid") %>' /> <br />
<asp:LinkButton ID="UpdateButton" runat="server" CausesValidation="True"
CommandName="Update" Text="Update" />
<asp:LinkButton ID="UpdateCancelButton" runat="server"
CausesValidation="False" CommandName="Cancel" Text="Cancel" />
</EditItemTemplate>
<InsertItemTemplate>
City:
<asp:TextBox ID="CityTextBox" runat="server" Text='<%# Bind("City") %>' /> <br />
StateProvince:
<asp:TextBox ID="StateProvinceTextBox" runat="server"
Text='<%# Bind("StateProvince") %>' /> <br />
rowguid:
<asp:TextBox ID="rowguidTextBox" runat="server" Text='<%# Bind("rowguid") %>' /> <br />
<asp:LinkButton ID="InsertButton" runat="server" CausesValidation="True"
CommandName="Insert" Text="Insert" />
<asp:LinkButton ID="InsertCancelButton" runat="server"
CausesValidation="False" CommandName="Cancel" Text="Cancel" />
</InsertItemTemplate>
<ItemTemplate>
AddressID:
<asp:Label ID="AddressIDLabel" runat="server" Text='<%# Eval("AddressID") %>' /> <br />
City:
<asp:Label ID="CityLabel" runat="server" Text='<%# Bind("City") %>' /> <br />
StateProvince:
<asp:Label ID="StateProvinceLabel" runat="server"
Text='<%# Bind("StateProvince") %>' /> <br />
rowguid:
<asp:Label ID="rowguidLabel" runat="server" Text='<%# Bind("rowguid") %>' /> <br />
<dxe:ASPxComboBox ID="ASPxComboBox2" runat="server"
DataSourceID="SqlDataSource1" ValueType="System.String"
TextField="AddressID" ValueField="rowguid">
</dxe:ASPxComboBox>
</ItemTemplate>
</asp:FormView>
<br />
<dxe:ASPxComboBox ID="ASPxComboBox2" runat="server"
DataSourceID="SqlDataSource1" ValueType="System.String"
TextField="AddressID" ValueField="rowguid">
</dxe:ASPxComboBox>
<br />
<asp:SqlDataSource ID="SqlDataSource1" runat="server"
ConnectionString="<%$ ConnectionStrings:AdventureWorksLTConnectionString %>"
SelectCommand="SELECT [AddressID], [City], [StateProvince], [rowguid] FROM [SalesLT].[Address]">
</asp:SqlDataSource>
</form>
Thanks.