It's been a while since I played with OSM data. OGR 1.10.0 supports OSM, and you can grab it from various sources (gdal.org or gisinternals.com/sdk/ if you want latest windows binaries).
Converting OSM -> SHP should be relatively similar to other formats, and there are a good number of tutorials out there for using OGR. Here's their page on OSM: http://www.gdal.org/ogr/drv_osm.html
Converting OSM -> SHP should be relatively similar to other formats, and there are a good number of tutorials out there for using OGR. Here's their page on OSM: http://www.gdal.org/ogr/drv_osm.html