Yeah I like short women myself, (my fiance is 5'4" Im 6'1") I also so a lot of renders of various elves. Some taller some shorter. Mostly I leave the scale dials alone because of how V4's arms almost always break.

 

http://www.renderosity.com/mod/gallery/index.php?image_id=2194058&user_id=69584&np&np

In this render I decided I needed an elf chick with a longer torso  and longer limbs so I used the arm/leg long dials and used the Y scale dials in her hips abdomen chest and shoulders. Luckily her arms do not break at all when bent.

 

When I want to do stuff like this I would just use DS but my renders suck in DS and I have never learned how to use that reality thing that DS has even though I bought it sio my Poser renders arew still better than my DS renders lol.