Ability to move updates/threads to other projects

It would be very helpful if administrators could move updates/threads from one project to another. I've had a few clients, one especially, who adds updates to the wrong project (they're just not paying attention. I would love to be able to take that update it and move it (thread and all) to the appropriate project. Right now I have to copy and paste the entire thread and create a new update in the correct project which seems very inefficient. Also, I don't remove the original thread in case someone is referencing it which means it lives in the wrong project.

Thank you!