mrdoob/three.js — pull request #1833 by zz85 (2012-04-28 15:29:21+00:00)
Title: World to Local

As per commit notes.

There should be the convenience methods for switching between the scene/world/global/absolute coordinates to the local/child/relative coordinates with Object3D, which is part of the scene graph, rather than the Vector class.

Hopefully helps resolves issues: #1752, #1043, 025fb6243afed67811ee514e5dc11b382336c67c and baf0f65e1db76cc95e3d1a3cf759861b807fa177