You Sir... Nailed it!
The problem with obj and 3ds files is that of re-texturing not to mention that sometimes the different meshes get scattered when you re-import back into Med...
I'm sure there are many other ways to use MOCAP data successfully...
Through years of growling and pounding on the keyboard I finally found one method, as described, that works...
The price for Max hurts bad... And, learning how to use it does too... But... what an extremely useful tool...