Yeah, if you use the airship glitch to bring Leo into the World of Ruin, then start Cyan's dream sequence with 5 people in your party, in the cave segment, the game will give Magitek status to only the first three characters in your party. Then, when you leave the cave, it will remove the status from the first three characters. So, if you change your party order, you can keep the status.
Then if you find an enemy with Rippler such as Reach Frog, you can swap the status between your characters. I gave Magitek status to Terra and wrecked everything with TekMissile and Bioblast.