For the power button I'd prefer something really low key. I was thinking along the lines of a 5mm hole through the faceplate with a captive black anodized rod barely protruding. Your MC idea might work well for something like that since the stroke of a mechanical push button would be longer and require a button that sticks out more. A little MC switch operating a relay would only move like a mm or so, so the switch could be really small and flush.
I wanted to keep my system really simple in terms of switching on and off so all the family could use it without loads of switches. So I use a heavy duty mains relay in the F5 with a socket on the back that feeds the low voltage relay switching voltage from the pre-amp. The pre-amp has the extra PSU for the relay and an off switch on the front panel. This could avoid any switches on your beautifully built F5.
Just a thought
Ian