Isn't Maildir too wasteful?
The one thing that I did find is that deleting folders with many files was very slow. I guess that path wasn't well optimized. However even then you could deleted hundreds of files a second so for regular mail usage it likely isn't a major issue.
Maildir has the advantage that searching, adding and deleting emails is very fast, much faster than if those operations were made on single big file. Worth it.