With \item[keyword]explanation-that-goes-on-for-several-lines I get:
keyword this is the first line
this is the second line
But I'd like it like this
keyword this is the first line
this is the second line
I also tried with tabular, but then it didn't do line breaks at all!

\settowidthto determine the magnitude of the indent. – barbara beeton Jul 27 '12 at 15:07