I agree that the base V4 when first loaded into a scene does look like it hit quite a few branches while falling out of the ugly tree.  But the morphing capability on this character is quite awesome.  The biggest problem is see (beside the high armpits) is trying to get the eyes dialed in right.  They are way too big in the standard figure which generally tends to portray a deer in the headlights look.  There are some morphs to correct this.  The best morph of V4 I've seen so far comes from a guy named Jayme over at IllusionsDesigns.net.  He created a morph which looks much more natural than some of the bulimic looking things floating around out there.  Here's a render of this character in Vue:

http://www.renderosity.com/mod/gallery/index.php?image_id=1344701