Maybe somebody can clear this up for me. When working with sub-ds and switching to proxy from standard mode, is it possible to move the cage next to the smoothed object and shade it (similar to what you can do with the regular polygon smooth proxy feature)?

I usually use smooth proxy when poly-modeling, keeping the proxy on a separate layer so i can model the shaded, low-res cage and see the details on the smoothed copy. It's easier on the eyes and less confusing when pulling verts. I was just curious if the "proxy" mode on a sub-d object allows the cage to be moved/shaded also or if it's stuck surrounding the sub-d object.