Mine is clamped to a plastic table at the moment (and yes, that motorguard is what I have) at the moment because I am building a cart to put my plasma on the bottom and baby mig on top (MM130) with gas on the back.
At that point, I will mount the motoguard on the cart.
I hooked mine up with standard Milton M style (I think they are) connectors, and move it too my Bead Blaster as I am too cheap, use bead blaster too little to make it worthwhile to have 2.
Jim, click on the link in Dargo's post and you should see the filter housing, and the filters listed below.
I don't think it was called out for Plasma cutters when I bought mine, but it may have been.
You just really need to watch the flow.
I think at the moment in mine I have the regular MG filter, but it will get TP next time, I think mine came as a kit with a couple filters.
I am sure that the TD guy would see far more then I ever did, but Doc from Action welding did (I believe) almost all the Plasma repairs for them, and he knew we were running those style filters with TP and never mentioned doing anything different, but I do not think we ever posed that exact question too him.
I guess if it did let a piece go that would be bad.
The replacement filters are available at the auto paint stores, so should not be hard to get, and maybe it would be good insurance, it is definetely substantially stouter then TP.