plywood, plywood, plywood.
Having gone through over 100 classic cabinets in the last 4 years I can say a few things about the assorted cabinet types.
Particle board, t-molding or not, these are always in the worst shape, they always have damage, and get water damage way too easily. Heavy
MDF cabinets. Uncommon, not quite as easily damaged as particle. Heavy as sin. Empty MDF cabs easily outweigh the equivalent populated plywood cabinet.
Plywood cabinets. Light, light, light, light. strongest cabinet type. Most difficult to damage, easiest to repair damage on. Easiest to repair damage on. Never have water damage (unless left sitting in water, or outside for years, or other idiocy that would reduce a particle cabinet to dust).
Laminated cabinets. All types of cabinets are also available laminated. This can be a plus or a minus. It does look great, and makes the cab harder to damage, but the only way to repair damaged laminate is to replace the whole piece.
Also you can simply sand down and stain plywood cabinets. You don't even particularly need the high quality wood to do this. I have even stripped down old plywood cabinets and stained them and gotten great results.