Maybe. From looking at the files on the installation CDs. There's a lot of ".dat" files that are open-able with 7zip, (perhaps they are just renamed zip files) which contain a lot of bitmaps.
Yeah, I've gotten that far, and I've sorted a good deal of graphics and sounds out. What I have now is GS2, OVR and LV2 files. I've been able to get a vague image in TiledGGD of an LV2, but I lack the information needed to create the complete sprite.