Good questions, Rick.
@vanozzi will also be able to contribute his experiences, as he has been growing Martagons for longer than I have and has similar climatic conditions to myself. I can't really answer the advantage/disadvantage question yet - I might be able to shed more light on this later in the year once I see what happens this Autumn (Fall).
L. martagon does seem to be the most tolerant of the conditions here (the two var. albiflorum bulbs have been the ones that have done best here). In contrast, cultivars like 'Claude Shride' and 'Chameleon' in particular have struggled; 'Chameleon' has done nothing more than put up a single leaf each time (and often it hasn't lasted long).
From my own experience and what Paul (vanozzi) has said, the Autumn cycle is more likely to be blind. Something definitely terminates the cycle, though, even when the stems are blind or disbudded - haven't had any get through winter (although I did have two Aurelians that decided to send up stems last Autumn, which then paused throughout Winter - and looked very sad at the time - before resuming growing in Spring, only to end up flowering! Both also produced a new flowering stem in Spring as well).