I’ve compared my MTL and ‘87 Jubilee 2554 side by side. Never had a MCII, but used to own a ‘96 MCI, but not at the same time as my jubilee
The Jubilee is a pretty different sound to me than either Wizard I had. The Wizard’s sound bigger, more open, higher definition, more punchy, move more air, but not as saturated, warm, or growly as the jubilee. I prefer the jubilee for leads, single notes or when I want a more vintage flavor and prefer the Wizard for almost everything else. They are I think somewhat similar in the type of growl and character they get on powerdchords, but otherwise are pretty different sounding from each other
I think the Wizards also have a rounder attack than the jubilee even though the jubilee isn’t as punchy. For my taste I prefer a less round/sharper attack. Both great amps that can both be worth having in one’s arsenal. I’d recommend though a jmp2203 or jcm800 instead though since it’ll contrast the Wizard more than the jubilee and so you’ll cover more ground