V3-V2 only takes the V3 head morphs. so NO V3 body morphs can be applyed. This lets you have V3 head and still wear the V2 clothing. V2 textures will work on the V3-V2 model, but NOT the V3 out of the box. This is why the texture converter is valuable. V2 texture on a REAL V3 and you can use ALL the morphs. plus the added bonus of new V3 textures being able to be converted and used on good old V2. Least that's my understanding.