I own examples of both
My wife and I use them in the UKBR 22 postals at 25 yds
Trigger internals are the same. Stocks are the obvious difference and the MPR has the same barrel as the FTP 900 which is 14 mm diameter. The AA400 has a 12mm diameter barrel
Valving and cylinders are the same. The EV2 barrel also fits the MPR
Scores in the UKBR postals are virtually the same but I would say the MPR has the edge on accuracy due to its weight, target style stock and better breech design. The AA400 breech has a O-ring holder brass fitting into which the pellet feeds. This is not as well engineered as the breech in the MPR
If buying an AA400, the Classic always seem to perform better than the carbine versions at 25 yds benchrest. Less muzzle blast, more weight and a better power curve all help with accuracy
John