Not much benefit in MT collets if you're like me! They save headroom on a mill compared with holder-mounted systems like ER32, and may be a little more rigid, but I can't think of any other advantages.
More complicated on the lathe. Most of what I do is held in a 3-jaw chuck, which is quick and convenient. 4-jaw comes out when reset accuracy is important, as when a job needs work to be moved between machines. 4 jaw chucks are wonderful except setting them up takes time. Lathe collets beat 4-jaws when quick accurate resetting of round objects is frequently required, as in clockmaking. Not called for much in my workshop.
However, once in a blue-moon I make something that moves repeatedly between machines and collets provide the best answer. They allow the job to be accurately repositioned several times without fuss. All done with an ER Collet Chuck on the lathe, supplemented with Stevenson Blocks on the mill, and although the approach is good enough for my needs, someone doing a lot of this sort of work might go up-market.
I suspect if Chris hasn't hit a requirement for MT collets, then he doesn't need them. Yet! In the middle of a job one afternoon, I suddenly realised an ER collet chuck on my lathe would have saved a huge amount of time and a couple of rejects. That's when I ordered a collet chuck. Likewise, I bought a couple of MT collets for a particular job, but in the event they weren't needed – waste of money.
Dave