I have R/T with both parallel and MT.
The MT equiped one can be lined up by holding a blank end arbor in a collet chuck in the spindle, tap the blank end so you can pull it out though the collet in the spindle usually takes care of that. Or use an edge finder as that is not bothered by a vertical or sloping face.
For small work it can also be handy to mount an ER collet chuck in the R/T as a 3-jaw can get in the way when using the table vertically for things like cutting small gears.
That same blank arbor if kept to a small dia spigot allows various rings to be slipped on when you want to line up work concentrically.
If using it like a dividing head with a drive dog then having an MT taper makes it easy to fit a dead ctr for supporting work between that and the tailstock.
I seldom use the parallel holed one.