Sorry I missed that one.
VSPAERO does not care about the mass or inertias. It only calculates the aerodynamic derivatives, it is up to you to turn those into a meaningful dynamic analysis of the aircraft -- which will require the mass and inertias.
VSPAERO only uses the CG information as the reference point for the moments. You could also just use (0,0,0) and as long as your tools are set up to use that as the reference point for moments, everything will work out fine.
If you want to use OpenVSP to estimate the mass properties for your dynamic analysis, you can do that -- but VSPAERO doesn't care.
OpenVSP's mass properties calculation is a bottoms-up approach. It simply does the math on the provided information.
In conceptual design, we usually take a more top-down approach. I.e. we use historical regressions for mass and inertia of aircraft or components. This means that the mass estimate of a wing (for example) includes everything -- lightening holes, fasteners, sealant, hydraulic/pneumatic/electric/fuel lines and systems, control surfaces, access panels, actuators, paint, etc.
OpenVSP only knows about the OML of the wing -- you can tell it a surface area based density and a volumetric density, but that is it. OpenVSP doesn't know about all that mess that gets captured in the top-down approach.
So, if you're modeling an EPP foam hand-launched glider, then OpenVSP's mass properties analysis is going to be very good.
OpenVSP's mass properties methods can be used, but you have to really think about what you're calculating. They are often most useful in finding deltas -- what is the pitch inertia change caused by moving the engines from the wing to the tail etc.
If you are modeling an aircraft that really exists for flight simulation purposes, then you might not need OpenVSP's mass property calculations at all -- just use the numbers you already have.
Or perhaps you have mass numbers, but not good inertia numbers. In that case, I would work through the aircraft components one-by-one and calibrate the density values to reflect the results of the real components. Use point-masses for all the discrete components you can and come up with smeared density values for the surface and volume that captures all of the other stuff not explicitly in the OpenVSP model.
With some care, you should be able to come up with a model that gives you a reasonable estimate of the inertias.
Rob