Import MSN Spaces RSS

I know that the selfish folk behind MSN Spaces have so coded their product as to cage those of us (read ‘me’) who have stepped into the trap. My question, or rather, problem is this: How to import the RSS Feed from my space into my fresh, crisp wordpress blog.

I got as far as creating a text file from the feed, but when I tried to import the file (Admin > Import > RSS > Import) it spits out the following:

"The uploaded file could not be moved to ."

I have no clue!! :/

p.s. The upload folder is 777.

Thanks in advance

Willem