Well it can't really "boost" the mids, I guess it could sound like a relative mid boost since it cuts the highs and makes the mids more noticeable. Doesn't the 490T have an A2 magnet? I would expect that to sound pretty un-harsh to begin with...similar to their '57 Classic.
That graph is using a single coil pup, so I would expect that lowering the cap values would have a more noticeable affect on the highs than using a humbucker. Correct me if I'm wrong.
I've used a .01uf many times to do that (take the very highest frequencies out), but I just don't see using a pot with anything less than a .01uf cap. Wouldn't it be easier just to use a switch if you're going to use a smaller cap?