givoly I'll be honest with you, and it's something most don't like to hear, but the Baader MPCC M3 is a terrible terrible coma corrector. I used it for a while at the start of my Newt journeys, thought it was pretty serviceable, but once I got a decent coma corrector (like the Quattro 1x corrector or the TS Maxfield 0.95x, I had both at one point) the deficiencies with the MPCC M3 become immediately obvious. It's not surprising your guide stars are terrible. I'd recommend saving your pennies and upgrading that coma corrector as soon as possible. Like I said, with the Maxfield 0.95x corrector the stars on my ASI2600mc Air guide sensor are pretty good, mostly round.
That may or may not fix your guiding issues with the cam, but it almost certainly won't hurt. If you are using a strain wave mount, most SWG mounts like to be guided "fast" with exposures in the 0.5-1s range and star quality can absolutely play a role in guiding quality with those mounts. I use an iOptron HAE29C-EC, the encoder helps, allowing me to extend my guide exposures to 3s+ and have higher quality stars, fwiw.