After my problems with Poser 6 hanging,  I decided to try this in Poser 5 (loaded V4 and applied the morph) and found it was looking for the Standar Res (not Hi-Res) textures.   (I purchased the Victoria Pro bundle and it comes with the Hi-Res textures.  )

So.... Poser 6 hangs because it couldn't find the standard res whereas Poser 5 gave up and provided a dialog box for where to find V4StTorsoS.jpg.  

I then purchased and installed the standard res textures from DAZ and it now works.  

Thanks much to WTB for a fantastic job and others who helped resolve this.

I hope this helps others with the Poser 6 hangs.

Russ