I again did a direct import into FH7 and then an export to RM8 via gedcom from FH7. I set everything to the defaults for Rootsmagic. This time there was no errors listed in the log file. It looks like the citations (.page as listed in FH7) were imported but into the wrong field:

It gets inserted into the "Detail Comment" field (shone below the Research note). It looks like it is getting added to/ merged with whatever is already there.
I thought it might be helpful for you both to have the originals, so I emailed you both a link to a zip file that contains (minus media) the FH7 file that was imported from the RM8 file, The gedcom exported from FH 7 and imported into RM8, and the final RM8 file (minus media).
The separate issue of missing media links in the citations still occurred of course but it sounds like that is someting for FH to look at. On a side note with the missing media issue: I had not created any shared (reused) citations. What I did do is run the citation deduplication feature in RM8 (which converts them to reused citations it seems). The reason I find that helpful before uploading to ancestry is that Ancestry creates a separate citation link for every citation. So for example I might end up with the 1940 Census being listed 4 times (example: once for residence, once for birth, once for name, etc.). By running the deduplication those facts are all linked on Ancestry to one citation (hence it looks a lot cleaner and a visitor looking at the sources has to click on a lot less).
Matthew