What I got out of reading the article (that JEMS reviewed) is that the Trendelenburg position might cause more issues than it resolves. In any event, another thing that stuck out to me was that in healthy subjects, Trendelenburg increases LV filling, stroke volume, and therefore Cardiac output... but also that the effect is transient. In hypotensive patients, there probably isn't enough "fluid in the tank" so to speak to show any positive changes, and since it can put pressure on the diaphragm, you could very well see a decrease in CO. Which to me says, if your patient is in shock, IF you use it, use it briefly... long enough to get a line and begin volume replacement... and by extension, once you're doing that, return the patient to a flat position.
Another way to think about this is: if the MAST doesn't work, Trendelenburg probably won't work well either. You're attempting to autotransfuse the central circulation... one method uses external pressure... the other uses gravity.