Alexandre Labedade has an upcoming LScript plugin called Weighter 2 and what it does is to transfer vertex maps from one object to another, weight and colour maps, UVs and morphs. Similar to Gator in Softimage.
Here is a preview of its weight transfer aspect.
nice stuff :] very nice :]
This is one of the most incredible tools in Softimage; if you manage to make this work in LW it will be a really substantial improvement to the program!
Weighter 2 is a Great Plug-in, does it work for animation and rigs as well. I used gator in softimage before, if you can include rigs and animation, key frame, and or ik info. It would be awesome.
Yes, there is alot of potential in Weighter 2, and Alexx wants to do as much as possible with it.