I think the answer is "how close are you looking?" I just installed t-molding on a retrofit of a Super Pac-man cabinet, and I can see many places where the edges weren't quite straight enough. That being said, when I step back a little, I can't notice it at all, and the family certainly won't notice it.
You could sand a little dimple or whatever in your test piece to replicate your cabinet side and then cut a small length of t-molding and install it to see if it bothers you a lot.