I haven't followed Mach4 for some time now so whatever Artsoft will / wants / or decides to do is up to them.
They have option to do whatever and define the basis.
I also don't know the historical sequence of CNC as it has developed over time and just how the standards have evolved addressing it all.
Different manufactures, proprietary code / controllers all add to the confusion. But will say that definition of axes from a mathematical point of view have been around a long time.
I will say that my basis of knowledge is whatever is published by Smid on the CNC topic and frankly that is well recognized source.
It is interesting that over time the industrial complexity has evolved and the quest for more is always desired. Haven't seen anything for a 12
axis machine yet.............
BTW, in Mach3, ABC axes can be linear and not rotary and Mach knows only what you tell it.
So in a sense you can have the equivalent of UVW, but, you can't use those designations for axis definition in the gcode dialect of Mach.
Interesting thread as one learns everyday. Frankly I am becoming "dated"

and I like it!
Simpler life these days my friend,

RICH