Attached Link: http://NikkiSprite.com

 I've been a LW user for years and occassioanlly import Poser material. Recently I did an animation in which I used a Poser head. In Poser I created different expressions which I exported as separate LW objects. I ended up with about 20 different LW objects some with different expressions, some with different mouth morphs, some with eye morphs, etc.  I loaded the base head into layer 1 of Modeler, then loaded each of the other morphed heads into separate layers. Using the Map/Background to Morph tool, I applied all of the morphs onto the base model in layer 1. I could then dial in and mix the morphs using Lightwave's Morph Mixer tool. It worked great!

I've been eyeing the Kurv Studios converter. Supposedly it will convert geometry, riggs and basic matts. This could be a great tool if it performs as advertised...