The files will be in a folder simlar to this one.....
C:\Documents and Settings\Adam\Local Settings\Application Data\Identities\{CDBBD94-8051-4FB0-8702-6C56CC6}\Microsoft\Outlook Express
Should have Inbox, Trash, Sent, etc. All there, just copy these files to CD or whatever and you are good to go. Hope this helps. -TAL
PS: Gotta have folder settings set to show hidden files and folders....