Yes, once you export your EDB File into EML format then you will be easily imported the output EML files into windows live mail, windows, thunderbird and outlook express etc.
Yes, Software will never make any changes in your EDB folders during conversion and no data will be lost during conversion you will get pure structure as before conversion.
Any size of your EDB file can be converted into EML by using EDB to EML Converter Software. Without any issues you can convert your EDB File into EML format.