Need Help- converting 720p/24PN to 29.97 smoothly

i am really in need of some help here.
i have tried everything i know to do in order to get my footage into a smooth 29.97 sd form.

i shot on HVX (obviously) 720p/24pn
i am using FCP studio 1

once i was done with my edit i made an SD sequence in the same project
i laid the whole sequence into this new timeline and i got a nice letter boxed sd version of my edit.
then i needed to get my timeline to NTSC 29.97

so i made am animation Quick Time of my seq. reimported it to FCP

i made an SD 29.97 sequence dropped the re imported QT in and presto chango- i have a 29.97 SD down convert of my sequence.

it seems a little jumpy when i watch it back on a regular television.

(i am used to shooting with an F900 and doing a 3:2 pulldown out of the deck into an Avid. i have never felt like 24 fps footage looked jumpy in the end with that setup)

please tell me there is a better way to get this done.

when i tried to just export using quicktime i was not able to get the (preserve aspect ratio using letterbox) to work properly

i need help before i jump off a curb:badputer:
 
keep everything in 23.98 untill the end. Then convert it to 29.97 in compressor. The DVD presets always work great for me.
 
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