My equation in its simplest form replaces the non-competitive, competitive, mixed non-competitive, uncompetitive, partial non-competitive, partial competitive, partial mixed non-competitive ect. and also allows the description of activators as well.
Simply by recognizing the distinction between the binding constant any (ki value) and the actually affect it has on the enzyme parameters all of these equations can be represented with one that relates change in enzymatic characteristics to the mass action binding of modifiers to enzymes.
So for the MM equation that means changes in Km and Vmax can simply be equated to
Km-(delta km X [M]/([M]+Kx))
and
Vmax-(delta Vmax X [M]/([M]+Kx))
where modifier concentration is used rather than inhibitor as there is a potential you may have an activator rather than an inhibitor
[M] is modifier concentration
Kx is the binding coefficient
Once the distinction is made and equations are not tied to the idea that the binding constant produces the inhibition, which is what the competitive non-competitive, mixed non-competitive equations rely on, it is a simple matter to expand this equation to describe complex kinetics which would take months of derivations, or long hours trying to figure out texts like Segels book on enzyme kinetics. This also helps advance the idea that all enzymes inhibitor interactions follow the same kinetic principles governing the interactions of all molecules and their interactions with enzymes can be described quite simply.
For more info check out my book chapter
Alternative Perspectives of Enzyme Kinetic Modeling
or my latest publication which explains the inhibition kinetics of gamma-secretase beta-amyloid production
Are improper kinetic models hampering drug development?
http://www.intechopen.com/books/medicinal-chemistry-and-drug-design/alternative-perspectives-of-enzyme-kinetic-modeling
https://peerj.com/articles/649/