Actually I think there is an easy modification that would make it better and be less code. MAD shouldn't prevent you from attacking or upB'ing out of it. There is a reason why I believe this, and that is because Falcon can seriously **** people way off the ledge and the only way to prevent it from happening is if you could air dodge without falling to your death. Charizard gimps are rather harsh as well. With MAD as is I think gimping and crazy stuff off the ledge could make things unbalanced for many characters without these options very, very fast.
Ike is TERRIBLE in my setup right now, cause it's such a joke to gimp him. Don't believe me? Then watch this: http://www.youtube.com/watch?v=Bbrt2B01E-w
Granted, there are things that Auri could have done to lessen my gimps, but a lot of it was outside his control. I'm beginning to think that after Meta, Falcon might be the most broke character in Brawl+.
Back to what I was saying, I think my proposed changes would allow for some more flexibility with air dodges and wouldn't cause any problems in the long run.