OFT to EML Converter is a brand-new tool with a lot of advanced features that DataVare just published. Converting Outlook Template OFT files to EML format is simple with this tool.

The problem with .eml files is that they can house additional content types (attachments).

Download eml2mbox (link in Resources), then double-click the downloaded archive to open it and drag the "eml2mbox.rb" file to the directory containing the EML files you want to convert.