Yes... there is. It involves Tailor, a product available from DAZ3D. There are two good tutorials in the Arcana section over at DAZ. Just search Arcana for Tailor. It's not fool proof, and it's a bit time consuming... but it's worth it if there's a certain outfit you just HAVE to use. For instance, I've converted many of BVH's fantasy outfits for V2 to V3.