A fixed version of OSGJS Blender loader by mark2580 (cgig.ru), which allows for OpenSceneGraph models to be loaded into Blender.
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Install Python 2.7 and Blender 2.49. Set the PythonPath environment variable to the install location of Python 2.7. (on Windows, this is C:\Python27 by default) Your PythonPath should look like this: "C:\Python27; C:\Python27\DLLs; C:\Python27\Lib; C:\Python27\Lib\lib-tk"
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Open file Blender249.blend in Blender 2.49. Right-click on the Python script and click "Execute Script". In the file chooser, go to the folder where the .osgjs.gz file is located and click "import".
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Wait and you're done!