Long time lurker – First time poster.
I too am tearing my hair out trying to solve this exact same problem.
The test.psd ends up merged on my timeline as an image (icon with ABC rather than a sequence)
Running Photoshop CS4 on a MacBook 2.4 Intel Core 2 Duo running OSX 10.6.4
Final Cut Pro running on G5 Dual 2 PPC running OSX 10.4.11
I have done EVERYTHING outlined above, even before finding this thread.
Is the conclusion that the issue is an operating system mismatch?
I have multiple titles all with multiple layers that I wish to animate in FCP exporting each layer to TGA will take days, not to mention in turn re-aligning everything in FCP.
My poor hair…