Read this:

http://www.agdinteractive.com/forum/viewtopic.php?f=30&t=12610

QfG only recognizes an Export file (not Save file) when Importing. The Export feature isn't offered until the end of each game.

Hey Cool, I'm in that thread. Yes the save file offered at the end is different from the save file created for your game. It's essentially a string of numbers that say what does and does not get carried over. Also take note that while not everything is transferred to QFG2, however the chainmail armor can only be acquired if imported so be sure to get it.

Thanks for the tip - And I actually like this game a lot. I was always afraid that it was going to be just yet another point and click adventure but it does good stirring in other types of game play so I don't feel like I'm playing yet another Maniac Mansion all over again.