To me, an OMF is an Avid media file. And even within Avid, you never deal with the OMF files directly; instead you export the timeline or the clip to a QuickTime movie (.mov) and let the Media Composer engine handle the OMFs via the database.
If the OMF contains data that QuickTime can play, you can export a reference movie and use QuickTime to play it back, but again, the OMF is not a file that QuickTime parses directly; instead the reference movie will contain references back to the original OMF files.
That's what OMF means to me. Is that also what it means to you, or are you working with something completely different?
--Dave Althoff, Jr.