The only fondant I've used so far is Wilton and I like the way it works, or at least I think I do since it's all I've tried. I want to try making my own to save money and to taste better. Between the MFF and MMF which is closer in texture/workability to Wilton? Or are they both very different and nothing close to Wilton?

I have never used MMF - but I absolutely LOVE MFF. I used to use Satin Ice, but had too many problems (and too small of a checking account), so I switched to MFF and will never go back. It works so well and I haven't had a problem with ripping yet (unless I was dumb and stuck a knife into the cake, which happened recently).

The one downside I have heard about MMF (correct me if I'm wrong here) is that if you try to model things out of it, it doesn't dry very well. But I could be wrong on that.