I am open to suggestions even though many of my previous responses may indicate otherwise.
However, I think ChrisCarlson said it best and most appropriately though...As far as MS/PS and all this standards talk, the requirements will be driven per company and are similar to armpits, everyone has them and most stink. You may all disagree with my way... I'll listen to your's but would be interested in seeing a drawing sample of yours also as I feel all of our work related disciplines a are all over the place and what works for me may make no sense for you and what works for you may make no sense for me. So an understanding of how it is truly being used day to day may help.
Should we take it to a new post?
This is what I know...from years of experience
Modelspace for the model
Paperspace for printing
Sheet Set Manager to fill in title blocks and printing/publishing
Works in Civil, Mechanical, Electrical, Architectural, Cabinet/Millwright and across continents.
Those that insist (resist) moving to this manner of printing all resort to working way harder to do it 'their' way than any does doing it this way.
Set the file up yourself....draw your model
save views
Go to layout tabs....restore those views in viewports...used NAMED PAGE SETUPS
notice that printing and plotting becomes a know factor, no need to preview, no need for LISP or other code, it just works
Then introduce sheet sets and fields to your titleblocks...your time is spend drawing the model
not managing titleblocks in modelspace.
Try it....one file get it right once and NEVER have to deal with it again.