When breaking down sheets outside (Nearly impossible to do a whole sheet in my shop), i work right on my truck, or using a couple of 2x's, off the taigate. from my days of working as a ason contractor, i still have a couple of 48" sheetrock squares. I keep them in a corner where no traffic to possible bump and mayy bump out of square. I lay them at opposite sides of the sheet and edgesagainst each other. If they both line up perfectly, they are still square for use. So far, i have never had a problem. Once i determine the SR squares are acurate, i start making marks with SHARP pencil. Once i have a couple of layot marks, I like to use John Lucas' method with razor blades and set the edge of my guidebar to the blades, repeat as necessary til the sheet is down to dimensions.
I have that MFT angle, I have used the sandpaper under the knob as John has shown on his site, but i just don't particularly like it. It is, so far, the only tool I have gotten from Festool that I have been unhappy with. It just does not hold tru, and even if it does hold true, i have found that to line up those tiny dits and be even a hair off will make a big difference at far side of a 4' sheet.
Tinker