I appreciate everyone's input.
Roger, Iwire, under 'power quality' I was including the voltage surges that can occur in a multi-wire circuit should a shared neutral connection be disturbed, corroded, etc. I agree that harmonics are not an issue here.
The use of a shared neutral may make it a lot more expensive to later GFI or AFCI protect one of the circuits; such a two-pole breaker costs a lot more than a pair of single-poles.
I have commented often on the need to ID neutrals- something that I have almost never found. I'm not even sure that the parts houses have ever heard of white wire with a colored tracer in it!
Ever notice that whenever you make something "idiot proof." they come out with a better idiot?