The lobing issues of MTM horizontally mounted speakers is a bit overblown. Consider that in most home theaters, the listeners aren't sitting more than 20-30 deg off axis from the center chanel, its unlikely that lobing will present itself into real world listening tests if the center channel is competently designed.
Personally, I almost never recommend a two way or a coaxial design over a well designed MTM. I am also not a fan of the centers that have 2 mid bass woofers and a small mid and tweet vertically mounted.
Some of the best center channels I have heard are still classic MTM designs and if you are looking for good dynamics, I definately recommend them over a two way or coaxial solution.