Nessus 3.0.6.1 to 3.2.1 Import issue

I may be missing something.  I have a 3.0.6.1 install on Windows, that 
I've upgraded to 3.2.1.  On first launch, it asks to convert the old data. 
 I save it with the default.nessus extension.  It chugs for a minute, and 
thinks it's done.  I open the file, and see:

<NessusClientData>
<Targets/>
<Policies/>
</NessusClientData>

The scanner I'm imported from has a single scan of multiple machines I'm 
trying to import.  Any assistance appreciated.

Thanks,
Mike

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