Originally Posted by jerry a. laska

You can't redeem miles/points for a oneworld explorer ticket. The oneworld explorer ticket that is discussed in this thread is a paid round the world ticket.
If you want to redeem miles/points and go around the world or something similar and you have AA miles then look at this thread in the aa forum:
http://www.flyertalk.com/forum/ameri...ers-award.html
And this chart on aa.com:
http://www.aa.com/i18n/disclaimers/oneworld_awards.jsp

If you have BA miles then you can redeem segment by segment or on multiple carriers by mileage:
http://www.britishairways.com/travel...s/public/en_us

http://www.britishairways.com/travel...s/public/en_us

If you have points/miles for other carriers you will have to look at the rules for those carriers. Generally, a flight must be available to book it.

Originally Posted by Gardyloo

No the OWE is a revenue ticket only.

Of course you can redeem miles for a similar route, or parts of one, depending on the particulars of your FF program, and on availability of the sectors. Each FF program will have its own requirements, restrictions, etc. Check in the airline-specific forums for details.