Will I lose my old project files etc with upgrading to FCP 2

Hi
I think after upgrading to Leopard with FCP Studio 1 not able to use compressor or DVD Studio Pro to burn. I think I need to upgrade to Studio 2 as my only logical answer without major problems. If I upgrade from 5.0.1 PowerPC version to Studio 2 will my old projects be moved over to upgrade no problem?
Thanks
Jason

Thanks for the reply guys! Do any of you see another solution to the problem of leopard and using the older apps? I guess it is better to start new after installing leopard. Lastly do I need to trash the old FCP 1 before install of FCP 2 or does it just upgrade it?
Thanks Jason

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I currently have final cut pro HD, but found some old project files that I would like to re-edit that I created using Final Cut Pro 3. Unfortunately the project files just show up as a "Unix Executable" file and if I try to open them in FCP it says "Wrong Type". What can I do to update these project files so I can open them again?
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astella,
(1) This portion is not elgible for points: "When you are ready to quit this thread it would be an act of politeness and an aid to the health of this forum if you would award points to those who have been most helpful to you, giving the "solved starfish" to the one most helpful and the "helpful" points to the two next-most-helpful. Also, on your way out the door you should mark the thread as "answered."
If you do not know how to do these things, post again and someone will help."
(2) This portion is elgible, should you care to do so: "Software Architects, Inc., http://wwwsoftarch.com, has a product, GreatVideo! for Mac OS X, which is supposed to make almost any DVD readable by a Mac. I have used it to bring in DVD-R/W created by Panasonic/PC."
LM

If I make a new apple id or I cloud account will I lose my pictures and contacts etc..

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If this is becuase you cannot access your old account I would try everything first before making a new account.
expresslane.apple.com or http://www.apple.com/support/icloud/account/ or 1-800-APL-CARE.
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what you type is
man sudo
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I suspect that this is going over your head.
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type and hit enter
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Will I lose my old project files etc with upgrading to FCP 2

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