Totally agree on the checking period. Once up to temp. Then check 5/10 mins after shutdown. Is a pain it has to be said
I'm not sure that these interpretations are correct, although I have seen it quoted on this forum several times.
I currently have 3 MBs (and have had several others previously) and none of them state this in the handbook. What they do state, however, is IF (my capitals) engine is at normal running temperature, leave for 5 minutes before checking the oil level. IF engine has been started briefly but not reached running temperature, leave for 30 minutes before checking oil level.
What isn't stated but is a reasonable assumption from the above is that the time delay is to allow the oil to drain back to the sump. I have not seen any reference to 'oil level must be checked when hot'. I acknowledge that oil will expand slightly when hot. I do have other cars where, for example, the handbook specifically states that the transmission level must ONLY be checked when at normal operating temperature.
Dipstick for me everytime.