I've been editing, not media managing.
Anyway. Within 20 minutes, I discovered a work-with (not a work-around). I thought I'd enrich the frustrated and curious masses (instead of trolling them, Studio X).
During Manage, if you request that FCP trim your managed clips, the file is copied and the file name is appended. If your filename is lengthy (try to remember the last time you worked with footage that didn't have a camera-generated or footage-log-generated name), Final Cut is unprepared with a solution and sh•ts its ridiculous bed. It will ask you if it should make a second absolutely futile attempt, abort the entire process, or skip ahead to see if it will trip on its lips trying to manage the next clip in the timeline.
If you choose to skip, your file is still copied and trimmed and placed in the Media folder at your specified destination. However, due to the fact that it is nearly as old as the Nirvana Nevermind baby, FCP won't connect the newly created clip to your managed timeline, nor will it add the appropriate .mov file extension in the Finder.
Your only burden now is to root through your Media folder, add the extensions to the skipped files and to manually reconnect the footage in your project.
At this rate I will suggest that it may be easier to become familiar with the following F, ⌘E, return process.
1. Place the playhead on the first clip in your timeline.
2. Press F. This will bring the clip with the current in and out points into the viewer.
3. Press ⌘E and select a location to save the clip.
4. Press Return.
5. Repeat until all clips are accounted for in the save location.
6. Export an XML of your sequence.
7. Import the XML and reconnect the sequence footage to the new clips.
I hope this is helpful to anyone nutty enough to want to use FCP in the future. Thanks.