Thank you Tom for your responses.
I'd say it was on the "validating files for import" for about 20-30 seconds and then the processing media dialog for a full minute. The whole thing took 1:55. But again, it was 679 clips (about 5 hours worth of footage). I don't even see these dialogues when I import say 10 or 20 clips it goes so fast. But like I said, FCP7 never took 1:55. Its annoying but I can live with it. Its the freezing thing that *****.
I'm not sure what you mean by make a new user. As in download the trial under a different name/email? I downloaded this app from the apple.com page under FCPX. The app was installed in the Applications folder with all the other apps. It did not go in a folder called Final Cut Studio. I don't have a folder with that name (even though I do own FCS3).
I have several questions about FCPX just as a new user but I'll save that for another post. But first I wanted to try to solve this import window issue. Taking it into an apple store is an option I guess. Oy. I just work on this computer 6 days a week editing. I guess I could use my old 2007 iMac if they needed to hold this one hostage for a day or two if it needs fixing.
The rest of the app seems to work fine though. Definitely better than my trial a couple months ago when I had lots of freezing up and huge memory issues (where in minutes my memory would drop from say 12 or 13 gigs free to 20MB free and the rest "inactive"). Now it seems to run smooth aside from this issue.