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In the Projects tab of Explorer, highlight the Standard you want to reuse from your custom catalog.
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Drag and drop it into the worksheet on the right side of the screen.
Notice the pink color that represents a Standard line item in a worksheet.
If you step into the Standard, the products within a Standard appear in yellow in the worksheet.
The Standard is linked to the custom catalog (as indicated by the yellow lines). When you do an update against a catalog in the worksheet, the Standard will be updated against the custom catalog.
If changes are made to the Standard in the custom catalog, such as adding options or changing prices, the Standard in the worksheet will reflect that change the next time an Update Against Catalog is performed in the worksheet.
To better understand this, do the exercise below:
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Go to the Projects Tab in Explorer and add or change the options to one line of your Standard.
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Click on the Standard line and do an Update against Catalog in the worksheet.
You should see that the Standard price has changed and the options have been added to that line in the Standard.