Yes, it strips out the materials and all the dead morphs. I've used the method many times where an obj is imported into Poser and the a library entry is selected for it in the setup room, which does carry over materials and dead morphs, but Quick Conform gets rid of both of these very cleanly and quickly. The only thing sort of sloppy is that it always creates all the "bones" for the figure regardless of whether the clothing being created needs them or not. All in all, I'd say it's a great little utility.