One of the reasons this was floating around in my head was that I, like you, Mr. Esposito, want to use the MFT as an outfeed table for my tablesaw. And (in theory) I'm favoring the idea of having the top of the MFT be near-flush with the tablesaw top, with dados cut to match the miter slots to allow for miter runners. But since it's only in theory, and possibly a future failed experiment, I didn't want to commit to something (I probably wouldn't want to fill a rather large 12"x3/8"x3/4" groove in the MFT top with bondo, though it is a brilliant idea for saw kerfs... I supposed I could glue in a thin strip of MDF and sand it flush...).
The alternatives would be having the MFT sit 3/8" lower than the table saw, which would work great with any fixtures that used the miter slots... but what about for traditional cuts using the fence? I realize 3/8" is not a huge differential in height, but would it be enough to cause any potential difficulties with longer rip cuts? I was thinking that with 1/4" hardboard or similar, the 1/8" differential would be almost negligible.
And then again, I guess a solution would be to slap a piece of solid hardboard on top of the MFT only when I'm making those longer rips (if it is, in fact, going to be problematic). This is probably the best idea, as it also won't require me to commit to any particular configuration, since it wouldn't lock the miter runner path to any specific orientation or area... and still allow me to treat the MFT as a mobile work surface.
Thanks for letting me think out loud... looks like there's a lot of ways to skin a cat. Though I'd still appreciate any opinions on any of the above.