I'll add another common misunderstanding -- that MC lenses can't be used in P mode (which, of course, only applies to the X-700).
None of these "incompatibilities" are actually factual. Minolta stated to only use MD lenses, because they couldn't guarantee that it would work with MC lenses -- and they wanted to sell their MD lenses. MC lenses, and even earlier Rokkor lenses, can be used in different auto-exposure modes (M,A,P,S), but it depends on the lens, and the camera, and the mode used.
All you need to do is try any combination out and see if it works. You will probably be pleasantly surprised.
One way to help address the incompatibility is to "super glue" an MD tab onto your non-MD lenses in the appropriate spot on the aperture ring. All this does is indicate to the metering system what the minimum aperture is -- f16/22/32.