I got the Millenium Beard to kind of fit M3 by loading it and selecting the body (not the head or neck) of the beard and setting X scale 98%, Z scale 108%, X tran -0.009 and Z tran 0.024. Then selecting the head part of the beard and setting the parent figure by going to Figure->Set Figure Parent and selecting M3's head. I would really recommend the M3 Millenium Beard for M3 though, it really is easier. Here are examples of beards on M3. The original Millenium beard, fitted by the description above, the M3 Long beard (using the additional poses by AprilYSH that are no longer available, but shown in this Platinum club thread, http://forum.daz3d.com/viewtopic.php?t=1033 ) and the M3 Millenium beard.