Marlin uses micro-groove on almost all of it's hunting rifles since the late 50's I believe. Only some of the modern Cowboy models offer deep cut rifling.
I knew how button rifling is produced, with metal being pushed aside during the process of a carbide button being forced down the bore. What I don't know is if micro-groove is cut or pushed aside or if 12 lands and grooves, as you have stated, is better for bullet stabilization then 4, 6 or 8 in a .30 or bigger caliber piece, not just .22's.
Somewhere I also read that micro-groove is .004 deep, which I suppose is plenty deep.