I have also used Tailor and gotten very good results. However, it will shift clothing exactly to match body morphs. This is very good because it helps ensure that clothes follow body movements of morphed figures closely. This is bad if your morph is odd-shaped (i.e. expands one section of polys and shrinks another) because Tailor will follow this exactly. This can cause warping of textures on clothes, and strange wrinkles to appear.

It also doesn't work on all clothing. For Victoria's Basics, for example, it worked wonderful on everything I tried (which wasn't all of them) but the Tshirt. The Tshirt was a disaster. It also did very strange things to BillyT's LeatherLaceupWear.

But when it works, it's damn impressive.

I've even (don't tell anybody this) transfered Victoria morphs to the VinaD mesh and to Stephanie, and Steph morphs to Victoria. For the VinaD mesh, it worked poorly on the hi-res mesh, but worked acceptably (but far from perfect) on the low-res mesh. This implies it works better when the poly densities between the meshes are approximately the same.