Depending on how many runs and how nicely they run it MC can save lots of pipe work, and that can equate to saved labor cost. But, there is nothing code related that doesnt allow for it to be used in your situation as you explain it. Personally, I look at each job and decide. I actually saw an article (sorry for the hijack) in EC&M several years ago where in Kansas City or something like that, they used MC to rewire an old train station something on the scale of grand central. Sizes up to 500MCM, it was an older building and it made the job work out better for the contractors and this very old building(s).