iSpy is a program which enables you to see other peoples equipment.
Run RemoteDll.exe, select "game.exe" as process and select the dll, press inject, and you should see a message ingame.
Now it should print items when you put your mouse over other people.

Changelog
04/05 '11
	Small sleep flow problem; should be much quicker now.
	Now requires CTRL to be hold while spying.
03/05 '11
	Release.

Credits:
Most source / headers is taken from d2bs, so --

Written by Shaggi for Diablo II v. 1.13c