I agree John, it's probably not as convenient as having multiple T-slots. It does initially limit the kind of accessories that you can use, if only in terms of the mounting holes available on them. I guess most machines have their pros and cons.
However, it's not been so much of a problem in practice. I've managed to adapt some of my existing accessories and will make new custom ones over time. To some extent this is required for any new machine but potentially more so on old 'new' machines, especially where the original accessories are no longer available.
As I stated earlier, I enjoy this aspect of owning older machines and it usually just requires some thought to use/adapt existing accessories. Several of my small vices now mount on the MF, either directly or via a mounting plate. They are used to hold my collet blocks & other small jigs. I have several sub-tables (originally made for use on my Super 7) and these were easily modified to fit the Atlas. They make some set-ups much easier when done off the machine and help to avoid damage to small T-slots. I like accessories that can be moved between my machines, as I feel that I'm getting more utility/value for the time I've invested
Some things will be machine specific though. I've a "clamp-block" design ( for the Atlas by Rudy Kouhoupt ) that looks to be a fairly simple project for the Shaper, although a custom saw table (& clamping device) for sheet metal may well take priority. A slitting saw mounted in the horizontal mill will cut larger sheet material accurately and it's a useful facility for any modeller to have. It will replace the (temporary) wooden table I've used thus far.
On balance, the MF is a very solidly built machine for its size, has a good speed range (including back gear) and a powered table. These are qualities and features that are not that common these days. Mine does need work but it started out a well-made machine and it should be possible to return it to a similar condition with a bit of effort. For my particular needs, I find this machine is a very useful addition to my workshop.
In terms of "modern" machine tools (of this style & size) the SU1 is probably the nearest (only?) one available currently and I did take a closer look at one a year or two back. I thought it was an interesting machine but (for the same money) I also felt most users would be better off with a more conventional vertical mill.
Which brings us back to Michaels original query. Is the SU1 any good? I think the SU1 is a potentially versatile small machine (albeit an expensive one) that does offer some unique features. So, the question of whether the SU1 is any good probably depends on whether you need those unique features – and in this case what Michael needs (or wants) it for? Some of the issues raised earlier may not be problems in practice for some applications. There may be a very good reason(s) why Michael wants a horizontal capability (although he doesn't mention them). I've touched on one useful aspect of my machine (for cutting sheet metal) but there are others.
As a more general comment – we often see questions on the Forum about the suitability of 'this or that' tool, which cannot really be answered without some context about their intended use. Some of the feedback given can frankly be pretty meaningless without knowing what the actual work requirement is. The tools needed to build 1/2 scale traction engines do tend to be somewhat different from those required to repair clocks for instance.
That little Adept may be just a paper weight to some or a useful small lathe to others… 
Regards,
IanT