Boatstalker.

I have been using Blender for rendering and noticed that it does export in VRML 1.0 and VRML 97 format.

Perhaps you can import into Blender ( there is a Python script (Blender Importer) in the Stand Alone Utilities, located on the Scripts page and it works very well) then export to you other program, And of course Blender is as free as a bird.
Maybe this might solve your problem.

http://kyticka.webzdarma.cz/3d/moi/ Custom Commands at the bottom.


Best wishes.
Malc