I am on a machine running Windows7, up to date on all updates.
I imported a document created using Open Office on this machine, saved as a Word 97/2000/XP .doc.
The project has the title of the imported document in the Binder window (which is the file name of the imported doc, but not the name of the New Project as I created it before importing) but has no other content from the document in it.
I will try again, and see if I have any better luck.