That does not look like a transition but a simple text/object movement.
Problem with the Basic 3D filter is that objects rotate around their center.
I don't have much time but I put together a solution that can replicate
the animation in the Gozzilla clip (38sec mark), which means having the object arising
from the bottom of the frame.
It is a simple effect that allows also to spin even automatically the text/shape,
it has also a perspective adjustment parameter
All you have to do is use a few keyframes at start and stop of the movement.
Here three examples of what the little plugin can do:
http://www.videonline.co.uk/Forums/Arise_Spin.mov
Here the plugin to download:
http://www.videonline.co.uk/Forums/Arise%20%26%20Spin.fcfcc.zip
Instructions:
After downloading and unzipping the plug-in drag it to Macintosh HD / Library / Application Support / Final Cut Pro System Support / Plugins folder. Finally restart Final Cut Pro and the effect should show up in the effects menu, Luca's Plugins (Arise & Spin)
Hope that helps,
Luca