How do I open an outlook .msg file from my harddrive that is NOT in outlook?

See here http://msdn.microsoft.com/en-us/library/office/ff865637.aspx

Sub CreateFromTemplate() 
 Dim MyItem As Outlook.MailItem 
 Set MyItem = Application.CreateItemFromTemplate("C:\statusrep.oft") 
 MyItem.Display 
End Sub 

Not just for .oft files

Set MyItem = Application.CreateItemFromTemplate("C:\temp\mail_item1.msg")

Edit - I keep forgetting about OpenSharedItem. http://msdn.microsoft.com/en-us/library/office/bb208171(v=office.12).aspx