If you would like to import Second Life inventory into OpenLofe, you need to buy a $25.00 program, the only one I know of, that does it. It's called Second Inventory.
How to do it
I'm pretty new to the program so be patient.
Buy the program, go through the registration and installaltion process, then leave SL and open SI. Log in to SL and you will see a tab for SL Inventory. Right click on the full perm items you would like to back up. Choose Back Up Item (HD). Click click and click. Wait. You'll have to play around.
Disconnect from SL and log in to OpenLife this time. Click on the RL tab and choose the item you would like to import into OL. Double click it and click Restore. Use Advanced Restore to get the textures and scripts (be careful with scripts DANGER in OL), I won't go into too many details. Success! Great! Click click click OK OK damn click ok click ok GOT IT!
Disconnect and close SI. Log in to OpenLife as you usually do. Check your inventory. Is it there? No. Gee. What a surprise. lol.
Ask questions here. :)
I'm sure what I am saying is not spot on, but hopefully it will get us going.
I think we have some screenshots coming...