Sure! In the early days I was obsessed with MF so I was neglecting everything else but I am no longer on that road anymore.
Long story short, I think all you need is Conviction. Everything else is a bonus.
I was using this build for a long time:
Weapon: Titans Revenge (Non Eth, Non Upped)
Shield: Splendor (25% mf) (resists and Can not be frozen are great additions)
Armor: Enigma (96% Mf)
Helm: Shako + Ptopaz (74% mf)
Gloves: Rare 2/20 with MF (see picture)
Belt: GoldWrap (upped) (30% mf)
Boots: War Traveler (50% mf)
Rings: Nagelrings x2 (60%)
Amulet: Highlords Wrath
Gheeds: 40% Mf
Sc 7% x21: 175% mf
Total: 564% MF
Switch is WizardSpike with a High Resist Shield for fast teleport and for safety since I constantly farm at P8.
Hireling is with Infinity, Andariel's and Eth Upped Shaftstop.
Due to having massive mana issues I decided to make a few changes.
Switch is now with Cta and Spirit and I replaced the Nagelrings x2 (60%) with Rare rings with 10% FCR, low MF and mana thus current
MF is 518.
MF dropped but I no longer have annoying mana issues. Plus, the CTA provides extra health which makes the hireling pretty much invincible.
It's a recent change so I am still not quite sure whether I will keep it or not since the extra resists on switch provided great safety.