Final Cut Pro X to Final Cut Pro 7
"Philip Hodgetts and his team have been working hard with FCPXML, the new version of an Extensible Markup Language that FCPX supports. They have released Project X27 a $49 translator that takes the FCPXML and converts it into an XML that can be imported into FCP7 and other applications that support that format."
So we’re now just waiting for the other way around, don’t we.
via fcp.co