Totally works! Thanks so much!
FYI
The music video I edited was 5 min in length. With just under 300 clips (heavy metal), 10 compound clips and 1 audio track. At first I thought Foolcut wasn’t doing anything as I was monitoring it using activity monitor. But alas it totally converted everything over to AE in about 1 hour. So if you have a lot of cuts and such just be patient. Would be nice if there was a progress meter.
Are you guys going to translate Foolcut into a FCPXML reader?