With AP1, the AP software ran on the console processor (MCU1).
When AP2 was introduced, the AP software initially ran on the console processor - and was then shifted to run on the new FSD/AP processor.
With FSD, the software is running on the new HW3 processor. The MCU is used only for the user interface and FSD visualization.
MCU2 has a single processor that drives the console and dashboard displays.
But MCU1 has two processors - one for the console display and one for the dashboard display - both processors are powerful enough to display HD video. Even if the MCU1 console processor is sluggish, the dashboard processor isn't that busy, because most of what's being displayed is static text and images. The dashboard CPU/GPU are probably fast enough to display what is seen on MCU2 dashboards.
Any differences between MCU1 and MCU2 vehicles with FSD is more likely due to software source code compatibility. Especially for graphics intensive applications, different source code may be needed to implement visualization on MCU1 vs. MCU2. And because the percentage of Tesla vehicles with MCU1 and FSD is small (and getting smaller), Tesla has decreasing incentive to continue re-implementing software to run on the MCU1 processors.
Today, I don't see any significant differences between our MCU1/FSD S and MCU2/FSD X - and can't justify spending $2.5K to upgrade our 2017 S, especially since we use the radio. However, if Tesla does add the ability to retain FM/HD/XM radio with the Infotainment Upgrade, will strongly consider upgrading our MCU1 - and get access to the full FSD visualizations along with the newer features only available on MCU2.