Well here's what I did. I copy and pasted the page source, when accessing the site from my localhost. Not exactly sure if this is what you wanted. I moved the entire template folder into the htdocs folder inside the xampp folder.
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml" dir="ltr" lang="en-US">
<head profile="http://gmpg.org/xfn/11">
<title>
localpmc-
Just another WordPress site</title>
<meta http-equiv="content-type" content="text/html; charset=UTF-8" />
<meta name="description" content="Just another WordPress site" />
<link rel="alternate" type="application/rss+xml" title="localpmc RSS Feed" href="http://localpmc/wordpress/?feed=rss2" />
<link rel="pingback" href="http://localpmc/wordpress/xmlrpc.php" />
<meta name='robots' content='noindex,nofollow' />
<link rel="EditURI" type="application/rsd+xml" title="RSD" href="http://localpmc/wordpress/xmlrpc.php?rsd" />
<link rel="wlwmanifest" type="application/wlwmanifest+xml" href="http://localpmc/wordpress/wp-includes/wlwmanifest.xml" />
<link rel='index' title='localpmc' href='http://localpmc/wordpress' />
<meta name="generator" content="WordPress 3.1" />
<link rel="stylesheet" type="text/css" href="http://localpmc/wordpress/wp-content/themes/luxury/luxury/style.css" media="screen" />
<link rel="stylesheet" type="text/css" href="http://localpmc/wordpress/wp-content/themes/luxury/luxury/coin-slider-styles.css" media="screen" />
<link rel="stylesheet" type="text/css" href="http://localpmc/wordpress/wp-content/themes/luxury/luxury/menusm.css" media="screen" />
<link rel="stylesheet" type="text/css" href="http://localpmc/wordpress/wp-content/themes/luxury/luxury/pagenavi-css.css" media="screen" />
<script type="text/javascript" src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/js/cufon-yui.js"></script>
<script type="text/javascript" src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/js/cufon-libsans.js"></script>
<script type="text/javascript" src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/js/Script_font.js"></script>
<script type="text/javascript" src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/js/jquery-1.4.2.min.js"></script>
<script type="text/javascript" src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/js/jquery.cycle.all.min.js"></script>
<script type="text/javascript" src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/js/cufon-run.js"></script>
<script type="text/javascript" src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/js/custom.js"></script>
<script type="text/javascript" src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/js/menusm.js"></script>
</head>
<body>
<div id="page_index">
<!--header-->
<div id="header">
<!-- logo-->
<div class="logo">
<h1><a href="http://localpmc/wordpress/" title="localpmc - Just another WordPress site">
localpmc </a> <small class="slogan">
Just another WordPress site </small></h1>
</div>
<!-- /logo-->
<div class="rss">
<p>Follow Us:</p>
<a href="http://localpmc/wordpress/?feed=rss2"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/rss_1.gif" width="30" height="32" alt="RSS" /></a>
<a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/rss_2.gif" width="30" height="32" alt="RSS" /></a>
<a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/rss_3.gif" width="30" height="32" alt="RSS" /></a>
<a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/rss_4.gif" width="30" height="32" alt="RSS" /></a>
</div>
<!--/rss -->
<div class="clr"></div>
<!--topnav menu-->
<div class="topnav">
<ul class="menusm">
<li class="page_item page-item-2"><a href="http://localpmc/wordpress/?page_id=2" title="Sample Page">Sample Page</a></li>
</ul>
<div class="clr"></div>
</div>
<!--/topnav menu-->
<div class="search">
<form method="get" id="searchform" action="http://localpmc/wordpress/">
<fieldset id="search">
<span>
<input type="text" value="Search..." onclick="this.value='';" name="s" id="s" class="keywords" />
<input name="searchsubmit" type="image" src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/search.gif" value="Go" id="searchsubmit" class="btn" />
</span>
</fieldset>
</form>
</div>
<!--/searchform -->
<div class="clr"></div>
<!--slider -->
<div id="slider">
<!-- start slideshow -->
<div class="slider_show_bg_top">
<div class="slider_show_bg">
<div id="slideshow">
<div class="slider-item"><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/slider_img_1.jpg" alt="icon" width="944" height="384" border="0" /></a></div>
<div class="slider-item"><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/slider_img_2.jpg" alt="icon" width="944" height="384" border="0" /></a></div>
<div class="slider-item"><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/slider_img_3.jpg" alt="icon" width="944" height="384" border="0" /></a></div>
<div class="slider-item"><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/slider_img_4.jpg" alt="icon" width="944" height="384" border="0" /></a></div>
<div class="slider-item"><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/slider_img_5.jpg" alt="icon" width="944" height="384" border="0" /></a></div>
<div class="clr"></div>
</div>
</div>
</div>
<!-- end #slideshow -->
<div class="controls-center">
<div id="slider_controls">
<ul id="slider_nav">
<li><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/slider_small_1.jpg" alt="images" width="163" height="120" /></a></li>
<!-- Slide 1 -->
<li><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/slider_small_2.jpg" alt="images" width="163" height="120" /></a></li>
<!-- Slide 2 -->
<li><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/slider_small_3.jpg" alt="images" width="163" height="120" /></a></li>
<!-- Slide 3 -->
<li><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/slider_small_4.jpg" alt="images" width="163" height="120" /></a></li>
<!-- Slide 4 -->
<li><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/slider_small_5.jpg" alt="images" width="163" height="120" /></a></li>
<!-- Slide 5 -->
</ul>
</div>
</div>
<div class="clr"></div>
</div>
<!--/slider -->
</div>
<!--/header-->
<div id="columns">
<div id="centercol">
<div class="box post">
<div class="post-block">
<div class="post-title">
</div>
<div class="content"></div>
<div class="clr"></div>
</div>
</div>
<div class="box post" id="post-1">
<div class="content">
<div class="post-title">
<h2><a href="http://localpmc/wordpress/?p=1" rel="title" title="Hello world!">
Hello world! </a></h2>
<div class="post-data">In
<a href="http://localpmc/wordpress/?category_name=uncategorized" title="View all posts in Uncategorized" rel="category">Uncategorized</a> | on
03.24.11 | by
<a href="http://localpmc/wordpress/?author=1" title="Posts by admin">admin</a> | <a class="post-view" href="http://localpmc/wordpress/?p=1" title="View Comments" rel="category tag">
Comments <strong>(
1 )</strong></a> </div>
<!--/post-date -->
</div>
<!--/post-title -->
<div class="clr"></div>
<!--/post-pic -->
<div class="post-excerpt">
<p>Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!</p>
</div>
<!--/post-excerpt -->
<div class="post-leav"><a href="http://localpmc/wordpress/?p=1" title="Leave Your Response">read more</a></div>
<div class="clr"></div>
</div>
<!--/content -->
</div>
<!--/box -->
</div>
<!--/centercol -->
<div id="rightcol">
<div class="box ads">
<div class="wtitle">
<h2>
Advertise </h2>
<small>Dolor slit, sed do eiusmod</small>
</div>
<div class="content">
<div class="small_link">
<div><small><a href="http://localpmc/wordpress/">
Learn More About Advertising Here </a></small></div>
<div class="clr"></div>
</div>
</div>
<!--/content -->
</div>
<!--/box -->
<div class="box">
<div class="wtitle">
<h2>
Navigation </h2>
<small>Dolor slit, sed do eiusmod</small> </div>
<!-- tab-nav -->
<div id="mstabs">
<ul class="bookmarks">
<li><a href="#" rel="mstab-1">
Categories </a></li>
<li><a href="#" rel="mstab-2">
Archives </a></li>
<li class="last"><a href="#" rel="mstab-3">
Links </a></li>
</ul>
<div id="mstab-1">
<ul class="menusm">
<li class="cat-item cat-item-1"><a href="http://localpmc/wordpress/?category_name=uncategorized" title="View all posts filed under Uncategorized">Uncategorized</a>
</li>
</ul>
</div>
<div id="mstab-2">
<ul class="menusm">
<li><a href='http://localpmc/wordpress/?m=201103' title='March 2011'>March 2011</a></li>
</ul>
</div>
<!-- Start Meta -->
<div id="mstab-3">
<ul class="menusm">
<li><a href="http://codex.wordpress.org/">Documentation</a></li>
<li><a href="http://wordpress.org/extend/plugins/">Plugins</a></li>
<li><a href="http://wordpress.org/extend/ideas/">Suggest Ideas</a></li>
<li><a href="http://wordpress.org/support/">Support Forum</a></li>
<li><a href="http://wordpress.org/extend/themes/">Themes</a></li>
<li><a href="http://wordpress.org/news/">WordPress Blog</a></li>
<li><a href="http://planet.wordpress.org/">WordPress Planet</a></li>
</ul>
</div>
<!-- End Meta -->
</div>
<!-- /tab-nav -->
</div>
<!--/box -->
<div class="box ads">
<div class="banner">
</div>
<!--/content -->
</div>
<!--/box -->
</div>
<!--/rightcol -->
<div class="clr"></div>
</div>
<!--/columns -->
<div class="clr"></div>
</div>
<!--/page -->
<div id="page_bottom">
<div class="footer_resize">
<div class="box_footer">
<div class="box-col box_2">
<h2>Simple text widget</h2>
<p>Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna ali. Ut enim ad minim veniam, quis nostrud exercitation ullamco. Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna ali.</p>
</div>
<div class="box-col box_1">
<h2>Blogroll</h2>
<ul>
<li><a href="#">Development Blog</a></li>
<li><a href="#"> Documentation</a></li>
<li><a href="#"> Plugins</a></li>
<li><a href="#"> Suggest Ideas</a></li>
<li><a href="#"> Support Forum</a></li>
<li><a href="#"> Themes</a></li>
</ul>
</div>
<div class="box-col">
<h2>Recent post</h2>
<ul>
<li><span>admin on</span> <a href="#">Dynamic Sidebar support</a></li>
<li><span>admin on</span> <a href="#">Nulla fringilla purus at leo dignissim congue. </a></li>
<li><span>admin on</span> <a href="#">Dynamic Sidebar support</a></li>
<li><span>admin on</span> <a href="#">Nulla fringilla purus at leo dignissim congue. </a></li>
<li><span>admin on</span> <a href="#">Dynamic Sidebar support</a></li>
<li><span>admin on</span> <a href="#">Nulla fringilla purus at leo dignissim congue. </a></li>
</ul>
</div>
<div class="box-col box_1">
<h2>Our Skills</h2>
<ul>
<li><a href="#">Metus Et Tristique</a></li>
<li><a href="#"> Semper</a></li>
<li><a href="#"> Condimentum</a></li>
<li><a href="#"> Quisque Sit Amet</a></li>
<li><a href="#"> Parturient</a></li>
</ul>
</div>
<div class="box-col box_1">
<h2>Get In Touch</h2>
<ul>
<li>Firm: FakeFirm</li>
<li> Address: 123 Fakestreet,</li>
<li> 25 New York</li>
<li> Phone: +123 3213 432</li>
<li> Fax: +4332 434235 5453</li>
<li> Email:
info@companysite.com </li>
</ul>
<ul class="icons">
<li><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/small_rss_1.gif" width="16" height="16" alt="icon" /></a></li>
<li><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/small_rss_2.gif" width="16" height="16" alt="icon" /></a></li>
<li><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/small_rss_3.gif" width="16" height="16" alt="icon" /></a></li>
<li><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/small_rss_4.gif" width="16" height="16" alt="icon" /></a></li>
<li><a href="#"><img src="http://localpmc/wordpress/wp-content/themes/luxury/luxury/images/small_rss_5.gif" width="16" height="16" alt="icon" /></a></li>
</ul>
</div>
<div class="clr"></div>
</div>
</div>
<div id="footer">
<div class="footer_resize">
<div class="text1">© Copyright 2011 localpmc. All Rights Reserved
(TS) <a href="http://www.templatesold.com">WordPress Themes</a></div>
</div>
</div>
<div class="clr"></div>
<!--/footer -->
</div>
</body>
</html>