log&transfer panasonic p2 footage

Hi
I've been messing with this all day... I have footage taken on a panasonic p2 on an external hard-drive. The footage is in a file entitled "content" and in it are different folders for video and audio.
I want to bring the footage into fcp 7. I downloaded plug in from panasonic website and restarted my computer and still fcp does not recognise the files in log&transfer.
I desperate! help!

should i just put the files into compressor (as the conversion will take as much time as log&transfer)? would it work?

I'm using an iMac, os x version 10.7.3 with 4GB memory.

Thank you!

desperate Ruthie