I run 45-42-24 X 12,14,16,18,21,24,28,32,36. The 42 45 shift is as smooth as glass and 45 with that rear cassette gives an almost perfect half step. Better than the 46-42 combination if I remember. 15 usable gears without duplication and a very simple half step pattern.
One thing not mentioned is what a difference the tallest gears have in feel with a very straight chain line.
I had plans to modify my FD if I liked the setup moving the outer plate down to look more old school. But it shifts so well I see no reason to mess with it.
Here is a thread with pictures of mine if you want to see it.
http://www.bikeforums.net/touring/85...8-32-36-o.html