Will final cut x open older media?

Hey guys,
Will FCP X open media I captued using prior versions of FCP? One of my older projects was captued off a tape in "DV/DVCPRO - NTSC, Linear PCM Timecode" If i get FCP X will i be able to import those files from "Capture Scratch" and work on them?
I am thinking off taking a plunge with FCP X and practice with older footage while apple fixes/adds all new things so FCP X becomes usable in real world.
Thanks.

It will open it but depending on your import settings it will also transcode it to apple prores so be prepared to have additional hard drive space.

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