I came across this info in another forum. The Jimmy Rigger is about to be released - July 15th. This works with Lightwave and looks like it integrates easily.

http://www.youtube.com/watch?v=DrA7mgtf-T4
http://www.youtube.com/watch?v=rzbbhGmm8hI
http://www.youtube.com/watch?v=RgyEzvSr66o
http://www.youtube.com/watch?v=9G_HyYFe2Pw

I googled a bit for more info and could only find other forums, no Jimmy Rigger wed site.

it would be great to have also a stand alone version

http://www.origamidigital.com/

but no jimmy rigger ....maybe ask and you shall receive an answer!

idk, I posted this on the first vid, but i dont see that working great for most scenarios (there is always some issue). Also (and if it showed it in the last two videos, I didnt watch them) but I'm not sure low poly models would do to goo by this.