Hi all,
I wrote a guide to common problems with installing and using Electrum on an air-gapped machine. You can find it here:
https://jacobexmachina.blogspot.com/2016/10/using-electrum-on-airgapped-machine.html
I tackle (1) installation of Electrum on an offline computer and (2) translating Electrum's base 43 QR code format into a format that Bitcoin understands.
I hope someone finds this useful! I couldn't find this information when I went looking, so I spent a few days researching this problem and wrote this guide.