With regards to the gauge clearance, the example
that I saw* which showed a Mk4 vehicle fouling a platform is described as a being on a "fairly tight but fast left-handed curve" and also implies that it is a 'legacy' platform. I can only assume that the Mk4's previous excursions on the MML haven't been at 125mph, and have thus had a reduced Kinematic Envelope. Also worth pointing out that the IEP is more similar to the Mk3 in the problematic step area than the Mk4, but as noted, these would have to be properly cleared (ie none of the theoretical negative clearance for Mk3s that is currently accepted)
Image 1: The platform (white) on a "fairly tight but fast left-handed curve" with the standard coper (red), and kinematic envelopes of Mk4 (Magenta), Mk3 (Blue) and Meridian (Orange)
Image 2: Detail of the Kinematic Envelopes for Mk4 (Magenta), Mk3 (Blue), Mk5 (Cyan), and IET (Green) on straight track at 25mph.
*Well worth reading through the rest of that thread, which is all about physical route clearing Mk4s on the MML from someone in the know