Additional information regarding the changes to the .ASE file format and how to compose models in 3DSMax7 have been added in this post.
Everything anyone needs to answer their 3dsmax .ASE file questions should be found between this post and that post.

best of luck
-The Chicken

Which post is "that post"? If there's a link, I didn't catch it.

um... thread dates from march 2004. probably should have mentioned that when i linked to it : /

the manuscript linked to is still preserved behind glass in an environmentally controlled room in israel, but you need to pay to view it. you might be better off with armor's obj > txt technique.