ZBrush has one too it mostly comes out quads,  like a delauney mesh but as Cage mentioned the resulting mesh is not anything I would try to bend. I suppose if all you were trying to do is reduce the poly's in a scene and already had the figures posed, it may be of benefit. I'm with DPH use lower poly figures to begin with, that way you can still repose them.

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A HOMELAND FOR POSER FINALLY