Hi -
Just got through ingesting media from a Sony HDR-XR200V camera into FCP 7.0.3 successfully.
Couple of things.
I believe the Log and Transfer has problems if the media storage on the camera contains a mixture of stills and video formats. It really works best when there is only HD material on the HDD, and that HD material is all of one type.
Note: the 200V can be set to record standard definition material as well as HD. If you have Standard Definition clips on your camera, they will not transfer via Log and Transfer, and can quite possibly prevent any HD clips from transferring. There is a different workflow for ingesting SD file based video into FCP.
If you are plugging in the camera, and iPhoto is opening, then you have still images recorded to your media. Off load them with iPhoto (if you want them) and then delete them from the camera.
Now with video only on the HDD, try Log and Transfer and see if it works.
When you open the Log and Transfer window click on the little gear that is in the upper center of the screen to access Log and Transfer Preferences.
!http://www.spotsbeforeyoureyes.com/L%26TPrefs.jpg!
Select Preferences from the drop down menu.
When the preference window opens, set the AVCHD Plug-In audio format to Plain Stereo, and the conversion to Pro Res LT. Click OK.
!http://www.spotsbeforeyoureyes.com/L%26TPrefsToPlainStereo.jpg!
See if this helps.