Quote - Basically I want to click V4 and go copy and then paste on clothes and it will add all missing morphs from the figure to the clothing hense giving me a perfect fit.

The clothing is going to have a different mesh (vertex count, and winding order) from that of V4. So there is no way you can literally Copy & Past the morphs, they just would not work on the clothing. Morphing Clothes does not literally copy the morphs to the clothing, it creates completely new morphs in the clothing, based on the shape of the morphs in the character. That's not to say that the morph transfer process could not be streamlined to something more along the lines you describe, but there is nothing like that at the moment (that I am aware of).