Hey Smoky Mtn,
Welcome to our forum.
Your terminology sounds about right to me.
I'm one of the guys in an MFM (vee) situation similar to the one you described. We've been together since 2006, and we're still going strong.
Any questions you have for me, let me know and I'll do my best to answer them for you.
I hope your experience here on Poly.com is an enjoyable one!