The open-cell model equation of state (OCM EOS) proposed in the preceding paper by the authors has been extended to polymer-solvent and polymer blend systems, covering a variety properties, including P-V-T relations, the excess volume and enthalpy, the activity of solvents, and phase diagrams. Compared with the well-recognized Simha and Somcynsky EOS, the OCM EOS presents a better description of P-V-T relations and phase diagrams. Besides, through a set of proper binary interaction parameters, good correlation of the excess properties can be achieved. In conclusion, as an improvement over the existing hole theory EOSs, the OCM EOS is capable of describing liquid mixture properties with satisfactory accuracy.