If you import posts into a new site that has the Lifestyle theme, they will show similar to the demo.
Does the blog from the old site sit in a blog table and that table will then just go into the blog table in Lifestyle and end up in the correct spot when I re-import it in.
Your posts live in the database. The theme just displays them. There is no "blogs table in lifestyle".
Just go import the posts.. if you need a refresher on the basic of WordPress, the codex is your friend. ;) :) I reference it multiple times a day.
These forums were CLOSED to new posts on November 19th, 2012. New forums are here: http://www.studiopress.com/forums/
and you will need to SIGN UP AGAIN.
If you need assitance with setting up your theme, go to http://my.studiopress.com/
and read the SETUP links or the TUTORIALS link on the side tab.
If you need Account Assistance
, file a help desk ticket at the same location.