I'm working very, very hard on MH proto (
http://www.dedalo-3d.com/public/blog/in ... y=2008&m=1).
Using MHproto, you can model morph using your preferred software, save the mesh as wavefront obj, import it in MHproto and convert it in target.
I estimate about 6 - 8 weeks before the first alpha release of proto.
In meantime a new maketarget for Blender (thanks to Tim) will be online soon (maybe today).
Stay tuned!
Manuel