YES!!! Ok, so I never finished working on my "offline browser" app, but I just figured out how to do what I wanted to do.
I noticed that the new version of Bender (now called Astro), has an open with HTML Viewer as an option. So I was able to browse to my SD card, and open up a saved index.html file.
Now I've only tested this with one site, but I was so excited it worked I wanted to share the info.
You'll need "wget", which I have on my Linux box, but if you're a Windows user you can install "Cygwin" and do the same thing:
Step 1:
Find a section you want to read offline (I choose the tech news section). Copy the URL (in this case it was: http://www.msnbc.msn.com/id/3032118/)
Step 2:
Use wget to download the website:
wget -r -l 3 -p -k --user-agent="Mozilla/5.0 (Linux; U; Android 0.5; en-us) AppleWebKit/522+ (KHTML, like Gecko) Safari/419.3" http://www.msnbc.msn.com/id/3032118/
-r says to recurse
-l says to go only 3 levels deep
-p says download CSS files and whatever else is needed to render locally.
-k says convert links to render correctly locally
--user-agent tells the msnbc website to dish us the mobile version (trust me it reads a WHOLE lot better offline in the mobile version)
Step 3:
Now you should have a directory called www.msnbc.msn.com with about 10 MB worth of data/files. Copy that to your SD card.
Step 4:
Open Astro, navigate to an index.html file (might be burried) and select open with HTML Viewer. From there, you can jump around the stories by just using the links.
I turned on Airplane mode to be extra sure that I was truly browsing offline and it all worked great!!!
THANK YOU ASTRO!!!