If you want to make the substation the infinite buss, they all mater. I don't follow your reasoning.
My thought was that even if the system is not stiff today, it may very well be tomorrow. Old small substations will be upgraded and if you think of it from a per-unit basis, the substation might as well be infinite bus.
The same would apply for the MV feeder as they may very well put in a tie-lie between stations that is big wire. Unless you are away from the station on a radial tap that has little chance of being upgraded, then you might as well assume zero feeder impedance. Assuming feeder impedance is a big assumption as I just upgraded a line through a residential section to big wire. You would almost have to be on a road to nowhere but only the POCO planners would know for sure so it would be best to assume a stiff feeder as well.
The MV voltage is also a non-argument as they may very well be upped also. 2 kV began to be phased out long ago and has about gone. 4 kV is being phased out now and will eventually be history. Not only for carrying more load but also because the higher voltages are safer for relaying reasons.
The best MV argument is not going to be the substation size or primary voltage but rather the distance to the sub.
For kicks, let's look at some numbers:
A small substation might have a 2-5 kA fault level on the low side but an upgrade would probably be more in the 10 kA range. Using the 300 kVA pad-mount with a 3.47 %Z and 2.96 X/R, we can look at the available source fault at the 208 volt level:
At 2,000A IF_280V = 20.0kA
At 5,000A IF_280V = 22.2kA
At 7,000A IF_280V = 22.7kA
At 10,000A IF_280V = 23.1kA
At 15,000A IF_280V = 23.4kA
At 20,000A IF_280V = 23.5kA
At infinite source IF_280V = 24.0kA
Use #336 ACSR and an infinite source substation:
At 0.25 miles IF_280V = 23.8kA
At 0.50 miles IF_280V = 23.5kA
At 0.75 miles IF_280V = 23.3kA
At 1.00 miles IF_280V = 23.1kA
At 1.50 miles IF_280V = 22.7kA
At 2.00 miles IF_280V = 22.3kA
Use #336 ACSR with a #1/0 ACSR tap and an infinite source substation:
At 0.25 #336 + 0.25 miles #1/0 IF_280V = 23.4kA
At 0.25 #336 + 0.50 miles #1/0 IF_280V = 23.1kA
At 0.25 #336 + 0.75 miles #1/0 IF_280V = 22.8kA
At 0.25 #336 + 1.00 miles #1/0 IF_280V = 22.5kA
At 0.25 #336 + 1.50 miles #1/0 IF_280V = 21.9kA
At 0.25 #336 + 2.00 miles #1/0 IF_280V = 21.3kA