Final Cut Studio 1.5 compatible with 2.0

Hello,
Are files created with final cut studio 1.5 compatible with studio 2.0 and vice-versa?
I remember that from 5.0 to 5.1 they were not back compatible, and it was a huge headache for us.
Thank you!

Not sure what you mean by "Studio 1.5", but no project file created with a newer version of FCP can be opened with an older version. The alternative is to export sequences as XML files.
Project files created with older versions can be opened by newer versions.

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