Thanks for your answers Keith.
Well as of right now I am stumped. The drive is empty and all the presets are correctly setup (as far as I can see). I have tried importing with Pro Res 422 and AIC, various different resolutions and frame rates, I have copied all the video clips on to various drives as well as the camera itself and everything all ends up with the same jittery video.
One thing I did try is using iMovie, which of course worked flawlessly! I then exported the XML files and imported into FCP and the clips played perfect. Do you know how iMovie imports the video? And how I can set FCP to copy it? I really don't want to have to export every single clip individually from iMovie.
I have uploaded clips to youtube if looking at the video might help figure out the problem
http://www.youtube.com/watch?v=X8BWn_f1sks
http://www.youtube.com/watch?v=rX25UfK9KTE
I have decided I am going to take my camera into my Apple store next week and see how it works the Mac Pro there.