Try other file formats. See if it's a PSD issue or an overall saving issue.
maybe pcd files can only be opened by photoshop
How big is your psd file? If the file is really big like several MB, make sure that your machine is not running out of memory during import. If your file is small, can you please email me your psd file? I want to take a look and see why it is crashing Flash. Zip your file and change .zip extension to .zzz and email it to me at FlashAuthBetaBugs@adobe.com.
Flash Pro, QE