How did you try to "reset the preferences"? Please tell us the steps you took to do this. It might be a process issue.
That being said, the easiest thing to do is to go to the Easy Setup in the Final Cut Pro menu at the top of the screen and choose NTSC or PAL from the format dropdown, and then the appropriate DV-NTSC or DV-PAL setting in the Use dropdown for your project.
You may need to quit Final Cut, power down the miniDV camera or deck for a few minutes. Then, make sure the connections are solid, power up the device, and re-launch FCP.
There's a step-by step process that might help if you continue to have problems. That can be hunted up if this persists.
Let us know!!
debe
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