Will WPMU DEV Dashboard still upgrade when used in MU-Plugins?

Hello, we've been experimenting with keeping WPMU DEV Dashboard in the MU-Plugins folder but we're wondering if it will automatically upgrade itself, assuming we have all the filters in place for auto upgrade.

Essentially we want to have WPMU DEV Dashboard and Ultimate Branding installed on all our sites, but don't necessarily want them displayed in the plugins panel. If we could have these installed (like using MU-Plugins) but make sure they are always upgraded automatically, we'd love to hear it.

Thoughts? Suggestions?

Thanks.