Can't export Vegas AAF file into PPro CS3

Hello all, I am trying to establish an XDCam workflow of rough cutting with proxies in Vegas Pro 8.0, then conforming with trim margins when possible checked, then export AAF file, then import into PPro for titles, compositing, etc. The main reason I am trying to establish this workflow is because I have a very large XDCam library of proxies and PPro doesn't play nice with XDCam proxies.

I am not having any luck with the AAF export into PPRO but I have heard others say that a cuts only export works great into PPro. Here is my workflow that is consistently crashing PPro.

In Vegas

Edit cuts only XDCam proxies in Vegas 720x480 project.
Conform timeline XDCam proxies to full resolution.
Export AAF file from Vegas

Open 720x486 PPro new and completely empty project file
Import AAF file
(File seems to import fine but when I double-click on the sequence file to load the timeline into PPro it crashes immediately every time.)

I have tried just playing the video clips that were imported into PPro using the AAF import but that causes an immediate crash as well.

Am I missing something?

Erik