Hi Rado - I'd generally recommend using the .lwo format for going into Modo.
There shouldn't be any limitation on editing these objects inside of Modo. But I think that you have to activate one of the "Transform" tools inside of Modo before you can drag objects or points around, I don't think that Modo is set up to allow you to drag objects around inside of the plain "selection mode", which is what you may be used to in MoI.
Does that help any? Let me know if you are still stuck.
- Michael
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