LAST EDITED ON Jan-07-04 AT 08:41 PM (Pacific)Ahh, Scary, makes much sense now.
first, you will need to make a save for Wiz 2 and 3. a save state for your NES emu, will be best here as SRM formats vary widely, and I am unfammiliar with Wizardry's SRM format.
Which items transfer into Wiz 3, is your Question. unfortunately, I do not know the item transfer rules, nor the character changes.
now, you had a second question
Also, which scenarios beyond wiz 3 can characters be transferred?
Wiz 1 -> Wiz 2
Wiz 1/2 -> 3
6-> 7
6,7 -> 8
don't know of Wiz 4, return of Werdna or 5.