A new guy is working on the old pop’n’fresh and has made some new and very much needed improvements on it(for those of you who don’t know pop’n’fresh is a 3ds max plugin to export your models from max in md3 format). He also added a very sweet shader path option (similar to .ase) which makes texturing of the md3 a breeze.
Here’s the website
http://mojo.gmaxsupport.com/