Advice on Swap to Dot 5 - New MC

Agreed, but all brake fluids (that are DOT approved) are compatible. That's part of the DOT specification.

Wrong. DOT 5 is NOT compatible with the others. From Wikipedia:

DOT 5 is a silicone-based fluid and is separate from the series of DOT 2, 3, 4, 5.1. It is immiscible with water, and with other brake fluids, and must not be mixed with them. Systems can change fluid only after a complete system changeover, such as a total restoration.

DOT 5 brake fluid is not compatible with anti-lock braking systems. DOT 5 fluid can aerate when the anti-lock brake system is activated. DOT 5 brake fluid absorbs a small amount of air requiring care when bleeding the system of air.[6]