Also if you are using both Daz Studio and Poser you need to install both installers in the suggested runtime.

For Poser and V4 (and some earlier V and other figures by Daz versions) the morphs are what you find in a folder called !DAZ. Poser can run things from external runtimes. I actually have all my Daz V4 package morphs (and other characters base Daz installs) in my copy of Poser 8. I'm running Poser Pro 2014 and have imported that Runtime as an external runtime. I can run either the character and base morphs with Poser 8 or PP2014 (not at the same time). On many character files (purchased here or there, or elsewhere) I've got another folder just for V4. With earlier versions of Poser Daz had advised storing the base product line packages (original character and the Daz created morph package) in the main runtime. As Poser progressed in versions it became able to run external runtimes across multiple drives. Mind you it can slow Poser down a bit but not too horrible if you are running a relatively modern PC.

The dust settled, thinking "what a fine home, at least for now" not realizing that doom would soon be coming in the form of a vacuum cleaner.