joining the chorus, judging over headphones how a recording is going to sound over loudspeakers is completely impossible when it comes to the spatial aspect of things. Yes, for every M/S setup there is an exactly corresponding X/Y setup, but to make adjustments by ear with an X/Y setup you can (for example) spread the axes of the mikes farther apart, but with the equivalent M/S setup, the corresponding adjustment is exactly what? It would involve a combination of changing the M mike's pattern and tweaking the ratio of S to M gain in the matrix that you're using. And that's just an example (of an adjustment that I make all the time when recording X/Y or closely-spaced).
The point being, it makes little sense to commit to any particular M-to-S ratio during a live recording unless you have monitoring facilities that most of us don't get to have on location most of the time. So record the M and S channels directly, monitor them through a matrix so that you hear L and R, but matrix the actual recording only in post. Otherwise you have to matrix it twice (once to re-derive M and S from L and R, then once to go back to L/R stereo once you've decided what sounds best).
Also I just want to say that double M/S (where a third, backward-facing directional microphone is added to a traditional M/S pickup, and fancier matrixing is applied) gives a much wider range of possibilities than traditional M/S. In my experience with traditional M/S, for any given listening setup, there was only one M-to-S gain relationship that gave a plausible balance between the width of the stereo image and the amount of reverberation in the finished recording. Unfortunately that one control (the gain on the S channel going into the matrix) controls BOTH of the only settable parameters of the recording, interdependently. Double M/S breaks that dependency by, in effect, making the pattern of the forward-facing microphone variable "after the fact". It does require three recorder channels and a software plug-in (or a hardware solution would be possible, though the software approach is more versatile and it's $free).