You could make a custom dynamic stocking from your V4 mesh.

You can also point the head: but you need to adjust the end joint parameter (x and y the same as the center and z a few inches in front of center) and reduce the value of the point at dial (a direct point of the head is not natural). You may want to adjust the x or y offcenter depending on the circumstances of the scene. 
This will trash conformed hair but you might be able to adjust it's JP's to match.

Try a different camera, one that is not parented to anything.

You need to uncheck Reflection_Lite_Mult on the root node of your water surface.

I think it was the image node, that changed, not the math node.

It looks like the dirty white from a .jpg. I am not sure why P6 is not rendering it right. You can adjust the multiplier on the round to .51 and it should clear up.

You need a prop to reflect for the transparency to work right. You may need to turn on smooth polys to reduce the culling error.
Are normals forward checked in the hair materials?

You can move the verts around using magnets, which in turn will change the shape of the polys around it. I don't think selecting a single vert or poly with the magnet zone will be very easy. You might want to use a modeling app to create the morph or an alternate obj.
I am pretty sure you can't change the shape of just one poly without changing the shape of others.

The texture strength on the image node may do what you want.
a math node will grey scale your image so if my first solution didn't work you might use a colormath node to add or subtract a little grey.

You might try another (unparented?) camera. I think sr2 fixed the face and hand cams.

Add a subtract math node before the displacement input on the root node. Open the preview and increase value 2 untill it is very close to all black. Don't go to far, or you blanket will start to float.

Or if you are using a noise node adjust the min and max to -1 and 0 instead of 0 and 1.

Poser 6? SR2? I have seen something very similar befor SR2.