I won't argue with ignorance.  

SKYPE ID: rc.650

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" If I had Alzheimer's (Old Timers), would I know it? "

WOW! Cricky first of all THANK YOU! :D
Your video sure inspired me and I have a feeling that more people are very interested in this!
What you've shown in the video is very impressive and useful especially if it works on any cloth design (such as a rope / hoodie / cape / whatever). I'm not sure how to deal with it yet but... looks like it works! :)
I have no idea how you setup the cloth with the CC character exactly, even after I read carefully and it may be very simple if I had more experience in iClone and 3DXchange... unfortunately I'm still a noob and I can also blame my bad English for not understanding the all process from start to end. 

So let's see if I understood at least some of it, ok?
1 - Blender > Model the cloth I want, Wrap a 2 sides (front-back) UV map and Export as .OBJ file.
2 - 3DXchange > export to .iAvatar file or Send to iClone.
3 - Inside iClone > Attach the cloth to the CC character's desire bone (I'm not completely sure how it works but I guess it's similar to Linking)
4 - Make the Cloth > Soft Cloth in the Physics tab.
5 - Start playing around with the settings until I'm happy with the result?  
(also playing in Photoshop / Gimp on the Grayscale weight mapping of course)

Am I close to understand it?  or I'm missing something... ?  feel free to correct me or help in any way... I would like to experiment this by myself but I don't know if I'm on the right direction at all or waaay off.

Sorry for my bad English, and Thanks ahead! :)

In XChange you can actually set whatever elements you want to use cloth or hair physics.

https://forum.reallusion.com/251133/What%E2%80%99s-new-in-3DXchange-62

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Mike "ex-genius" Kelley