How to obtain raw View result for Drupal 5?
I think the answer is in here somewhere but I have no way to test it out.

Check out Intro to Views 1 and especially Inserting Views where the views_build_view() function is discussed.  From the discussion there, you should be able to do something like this:

$view = views_get_view('your_view');
$results = views_build_view('items', $view);


with $results now being "An array of objects containing the results of the query."

Now how you theme this is up to you to decipher :)