It doesn't appear as mass storage, but on Windows when you plug it in it does appear as a camera, allowing you to copy photos and videos off directly. So if MorphOS supports cameras as a storage device, then it might be possible to get it to work.
Go and download [for PC] iFunBox:
http://www.i-funbox.com/It is free software and you can enter much more into device than you could by simple default Windows Camera system...