It does work, I've just tried it.
To keep things managable, draw a simple shape in CamBam, do a Profile MOP and generate the GCode.
From the File menu, Open the .nc file you have just created and the toolpath should appear in the drawing window.
Right click on the associated MOP and select Toolpath to Geometry, this will create a polyline that once Exploded, can be edited and used for further work.
Remember that as it's the toolpath you're working with, it will have been offset from the original shape by the cutter radius.
Just use the cambam.co.uk website to ask your questions.