This software was completely off my radar, but reading this here, brings it quite back on again.

So all this means, that now (in theory at least) I can perhaps take any cloth piece (*.obj) and import it into the latest MD version and have it run a simulation there?

Sounds almost to good to be true, hehe ... but if so, that's quite a nice leap forward and I might have a 3rd look at it again =)