What worries me, is that plenty of MTFs back in the day did Estrogen only therapy before widespread effective antiandrogens, and they got feminized still. I would worry about having high levels of both hormones, especially since Testosterone can convert to estrogen via Aromatase but the reverse is not true. Clearly I am missing something, as FTMs without blockers still seem to masculinize (is that even a word?) without much issue without them.
I would think there would be a desire to attempt if at all possible to simulate natural hormones which is why the reluctance of blockers for FTMs and Progesterone for MTFs confuses me from Endocrinologists especially since some swear by the stuff. Like, I know things can't be simulated exactly as puberty is (also that would take a really long time) but, I would think that it would be intuitive to attempt to get as close as is practical.