Blades almost all the way... 5-P no brainer... I have started playing 3&4 irons as MC or CB just because the bad shots are not as penalized. I frequently play my long irons off the tee on several holes on my home course, with a couple being forced carries. The CB or MC, while not hitting better than my MB, are not as punished distance wise on the occasional thinned stroke. Not as concerned with pinpoint accuracy on those shots so the trade-off is worth it.
Overall I do agree with the sentiment that you won't hit one more middled than the other if they are built right, it is just the punishment when you don't that drives people to the CBs...