I get this question from time to time.  The answer is that we do not have that as an official tool feature, but our customers do it all the time anyway.

When using this Notes Migrator for SharePoint, you can save the results to an intermediate XML file.  The XML data file includes whatever data you queried out of Notes, including rich text, images, OLE objects, multi-valued items, security information and document meta-data. 

While this feature is intended for separating migration tasks between two disconnected individuals (the Notes guy and the SharePoint guy), it is a fairly trivial exercise for a .NET developer to write a few lines of code that reads in the XML data and writes it to SQL server.  Our tool is still doing the hard part (extracting the Notes data and formatting it as something universal).

We have many customers doing this for SQL Server as well as other targets.

Our per-source-database licensing still applies in this scenario.