Yes, but then it's an all-or-nothing character morph that can't be easily blended with other custom characters, which is the whole point of the package.  The two dozen or so dependent third-party morphs need to be automatically dialed up or down as a function of just a few master dials controlled manually by the user.  The PMD is merely for transferring the few original morphs that are involved.  Unless I'm misreading your statement, what you're suggesting amounts to little more than the usual dial-spinning INJ/REM setup.