I have just exported a fairly large blog from a WP 2.7.1 install and imported the XML file into a brand new WPMU 2.7.1 install. I set the appropriate variables in php.ini to ensure that the large file could import.
Everything looks roughly ok, except that while the comments do appear, the comment count is wrong (always "no responses"). I sniffed around in the db and found that the "comment_count" field for every post in "wp_posts" is set to zero instead of the correct number of posts.
Is this a bug in the import feature, or is there a step I am missing?
BTW, the other things that weren't quite right: The categories are visible in the admin dashboard, but not in the sidebar (may be a theme issue) and not all the posts came through (the 10 most recent posts of 827 did not make it).