oh. Here is the log entry I am seeing when I try this.
Process: <unknown> (8560)
Thread ID: 64
Module: <unknown>
Source: Altiris.NS.UI.MenuItemsCommon.ImportItem
Description: An error occuring during 'ImportItem': Altiris.NS.Exceptions.AeXItemImportException: Item Import exception : 9824b94a-60d1-459b-9ca2-359629777e13 = Altiris.SoftwareManagementSolution.SoftwareDelivery.ManagedDeliveryPolicy(2d3a170e-5028-4570-ba0c-3db775cb8bde) ---> Altiris.NS.Exceptions.AeXException: Failed to import item. ---> System.NullReferenceException: Object reference not set to an instance of an object.
at Altiris.SoftwareManagementSolution.SoftwareDelivery.ManagedDeliverySoftwareDeliveryItem.ExcludeLevel(IEnumerable`1 lstDeliveryItems, Int32 nLevel, Int32 nMaxLevel)
at Altiris.SoftwareManagementSolution.SoftwareDelivery.ManagedDeliveryPolicy.Save()
at Altiris.NS.ItemManagement.Item.Import(XmlNode itemNode)
--- End of inner exception stack trace ---
at Altiris.NS.ItemManagement.Item.Import(XmlNode itemNode)
at Altiris.SoftwareManagement.SoftwareDelivery.SWDTaskBasedPolicy.Import(XmlNode itemNode)
at Altiris.NS.ItemManagement.Item.ImportItem(XmlNode itemNode, Boolean needResult, ImportResult& result)
--- End of inner exception stack trace ---
at Altiris.NS.ItemManagement.Item.ImportItem(XmlNode itemNode, Boolean needResult, ImportResult& result)
at Altiris.NS.ItemManagement.Item.ImportItem(String itemXml)
at Altiris.NS.UI.ConsoleMenuItems.ImportItem(Guid parentGuid, String xml)
at Altiris.NS.UI.MenuItemsCommon.ImportItem(Guid parentGuid, String xml)
**CEDUrlStart** :http://entced.symantec.com/entt?product=SMP&version=7.1.8400.0&language=en&module=5EMx1mTAV3miuGmZrOKwHvDDbXLQERunsN1ZzsIrYgY=&error=-1868982766&build=**CEDUrlEnd**