Final Cut Pro X Can Almost Import Final Cut Pro XML Projects

MacMagazine has discovered [google translation link] that the ability to import a Final Cut Pro XML file is kinda sorta already in Final Cut X but isn't working. Either it's going to be implemented in an update or will work in tandem with a stand-alone app that converts Final Cut Pro XML into something Final Cut X can import.

Either way, there's a little teeny tiny bit of hope.