I just got Lightwave 6.0. Is the file format easy to load. Currently I’m using Milkshape 3d, but it doesn’t have too much power, although it’s great for people who are starting 3d modeling.
IMHO: It is pretty well documentet and therefore easy to load. Look at the specs at http://www.lightwave6.com (under developer hub)
To make things easy for you, write some general code to read the tags and then you can easily descide what to use and not from a LWO file.
Hope this helps