Jerrry,
I was like you and rarely did noise reduction in linear phase but the results with MLT are so clean it's amazing. One comment also, I have had no trouble building my MLT mask on the unstretched image, just need to get the amplification right. From a personal perspective I would rather over protect those edges than over process though again, I am always testing with MLT which is one of my favorite tools in the whole PI toolbox.
Best,
Jim