I've never used it on props, but it does what you want very well on conforming clothing. It runs ouside of Poser (Windows program, but it runs in  OS X under Winebottler)  You point it to a saved cr2 containing the morph you need added, select the morphs, select the clothing item and it transfers it in a few seconds.  It will generate a cr2 with the morphs added, or it can create a pmd injection for the clothing item to inject the morphs; I usually choose the latter when using existing clothing.

I believe D3D also sells it at CP, which has a 30-day return policy...

 

Edit: It's not marked down at CP though...

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