When I had my Morgan, TM was a great resource and I profited greatly from it. So, this post is an attempt to give something back, even though I now longer have my Morgan Plus 4.
On a number of occasions, there have been discussions on TM about OBD2 readers and the ability to reset MIL fault codes. When I was a regular, most of the options shared were Android based and as an Apple equipped individual
I couldn't easily find something for the iPad and iPhone.... I recall Peter's [Gambalunga] advice was "Never buy rotten fruit".
However, I recently (via another forum) came across an App on the App Store for Apple kit, called Outils OBD Facile.
This is free in basic form, with a very reasonable £10.99 fee to upgrade to the full function version if you like it.
You can also download the user manual and open it in iBooks for ready access.
Together with an ELM327 WiFi connector for ~£12 the software is easily accessible
and very clear on both the iPad and iPhone.
The ELM327 WiFi connector:

Available from a UK based supplier in 48hrs on eBay here though originating from China/Hong Kong at:
(http://www.ebay.co.uk/itm/Wireless-WiFi-ELM327-OBD2-II-Car-Diagnostic-Scan-Tool-Scanner-For-iPhone-ipad-PC/251678845583?_trksid=p2054897.c100204.m3164&_trkparms=aid%3D222007%26algo%3DSIC.
MBE%26ao%3D1%26asc%3D20140407115239%26meid%3De5d109d3b1e646f2
8bcc9683a70e73c1%26pid%3D100204%26rk%3D1%26rkt%3D30%26sd%3D151
084127303).
Below, I've taken a few screen shots of the software screens from the iPad to give some impression of what it looks like,
and what is available (Note: on a shutdown engine with the ignition on):
Outils OBD Facile home screen:

Engine ECU selection screen for vehicles equipped with multiple ECUs
(Note: This screen will also display an auto gear box ECU if applicable):

Status screen:

Trouble Codes screen:

Tables screen with various engine data:

As I said, some of the options aren't available in the basic App. In this case you get a screen pop up which looks like this:

Hope this is useful info, and happy ECU monitoring!
Edit: Correct the terrible pagination.... prepared on a WP & out of practice!