[en] The primary motivation for conversion of MFTF-B to an axicell configuration lies in its engineering promise as a reactor geometry based on circular high-magnetic-field coils. In comparing this configuration to the previous A-cell geometry, we find a number of differences that might significantly affect the physics performance. The purpose of the present document is to examine those features and to assess their impact on the performance of the axicell, as compared to the A-cell configuration, for MFTF-B. In so doing, we address only those issues thought to be affected by the change in geometry and refer to the original report Physics Basis for MFTF-B, for discussion of those issues thought not to be affected. In Sec. 1, we summarize these physics issues. In Sec. 2, we describe operating scenarios in the new configuration. In the Appendices, we discuss those physics issues that require more detailed treatment