Most Poser content will work with Daz Studio, some texture maps may have to be tweaked a bit.  There is currently an issue with older content and geometry switching, as in the case of Michael 2--morphs also won't work.  Daz is aware of this, however, and I assume that it will be fixed in a future patch.  It seems like every recent Daz Studio release has this issue initially and they fixed it in the past.