Article Focus: In this video tutorial, Creative Cow Leader Shane Ross gives users a quick tutorial on how to import footage from a Panasonic P2 card into Final Cut Pro.
In later versions the import of P2 footage is done through "Log and Transfer". The "Import Panasonic P2" option is not present in later versions of FCP.
Also, I have done as I'm sure others have and pulled only the MXF files off the P2 card. This is not game over though, you first need to recreate the file structure...
MASTER FOLDER (call it what you like)/CONTENTS/VIDEO
Along with the CONTENTS folder in your master folder you need the lastclip.txt file. You can make this in text editor, there are tutorials available on how to make this file.
I have heard of people having success through creating the folder structure only and not needing the lastclip.txt file.