Final Cut XML shortcut did not work for me.
Had to import the entire video and audio from the other project (cannot cut and paste) and then re-edit the whole thing over again, it cost me hours on a tight deadline... I am not impressed.
I am losing all patience with this program, it's meant to help me enhance my workflow, I pay a lot of money to use it, and all it seems to do is get in the way. Very fustrating.
Time to start investigating alternate options methinks.