While working on a client assignment I’ve noticed that PV3d objects have their registration points in the center of it, which is actually good, but sometimes you need to move it around to be able to create a specific animation, I’ve tried to write my workaround solution to fix that issue on this short tutorial:
http://blog.six4rty.ch/tutorials/papervision3d-registration-point-workaround/
If you have any other ideas how to achieve the same, let me know 
The PV3D and the registration point by Tiago's Weblog, unless otherwise expressly stated, is licensed under a Creative Commons Attribution 2.5 Switzerland License.
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