Andbigdaddy2, what you are asking is hard to quantify. The clearest answer I think any of us can give you is, yes, the rock we make
can harbor any organism that real life rock can,
if the rock is exposed to an environment where it can pick-up those organisms.
However. for the most part, it is like comparing pears to oranges - most MMLR never goes anywhere near the ocean, and so is not able to pick up the plethora of organisms that can be found on real live rock. Real live rock, fresh from the ocean, is filthy with life, inside and out - but most of that life dies before any of
us ever see it. But as Neptune noted, a lot of those organisms aren't necessarily beneficial, though I think the list of beneficial critters he listed needs to be expanded to include several worm types, but we all got what he was saying.
Aquaculture centers, like TBS, GARF or Gulf-View are dumping MMLR into the ocean and leaving it for 5-10 years before harvesting, so I'm sure you see, even when we go to the effort to seed with lots of quality rock, it will be a long, long time before it can truly compare with real LR, and like Neptune said (I think), in a captive system, the rock will never have a chance to get all the neat (or scary) stuff that you get when you pull it from the ocean. I know that sounds like an argument for not using MMLR, but it is the truth, plain and simple. On the upside, the organisms we really need, and do the most for our systems, replicate rather quickly, and the rock can become functional as a filter in just a few weeks.
If you are really interested, this article is an aquaculture study - it was done on MMLR (cement and mined terrestrial) that had been sitting in the ocean off the coast of Florida for quite a while, and it compares which types had the most life.
http://www.hccfl.edu/br/asprograms/aquaculture/files/F00CE52705F64671B8C98D0868BFB18F.pdf
Neptune, Did the rock setup faster with the Calcium Chloride? And was Peladow the brand? Where did you find it? And that Rock Making School does sound like fun - maybe they should add reef rock to their syllabus
Sunkool, since you have the supply and don't mind using colored grout, you should be the one to try mixing for color.

FYI, at one point, I was making coasters with colored grout, and I had a hard time with mixing for color - the grout blend I was using was nice and colorful when used as mixed, but if I tried to combine two colors, I often ended up with muddy colors.
Impur, perlite is hard to work with - imagine a busted bean-bag chair, and trying to get the beans back in - that would be what trying to put perlite into the center of a mmlr would be like. Just mix it in - I have honestly not had a problem with it "shedding" off - any normal flakes that fall off have enough weight that they do sink. Besides - if the worst case scenario happened, and for some reason the rock cracked, you'd have a perlite spill that would be a pain to clean up...
And no
Neptune, I don't think anyone has tried growing coral on Percrete yet, lol - we've only just started playing with it, and the first piece I know of (Disco Dancing Rock) has only been in a system for like two or three weeks now...
Algae is growing on it, so would be safe to say that the potential for coral to take to it is pretty high
