Attached Link: http://www.daz3d.com/pages/faq/faqquestions.html#victoria2.0

Gabe, They mean you can distribute your *own* custom morphs for Victoria using v-only .obj files, not morphs based off of the Victoria 2 specific morphs. The Victoria 2 morphs are the value of the product. Victoria 2 is basically a big morph pack for Victoria 1. If they allowed people distribute little bits of their morphs in combinations it wouldn't be long before someone sold a character with the Barbarian morphs set to .999 and the Heavy morphs set to .001. What you can and what you cannot do is all described in the Victoria 2 FAQ, linked above for your reading pleasure. Hope this helps.