No other worms. M4V is Apple's name for MP4 with chapter support.
Otherwise the extensions are interchangeable. Some devices will not play M4V or vice versa, but will play the same file if you change the extension.
"The differences are the optional Apple's DRM copyright protection, and the treatment of AC3 (Dolby Digital) audio which is not standardized for the MP4 container."
That's really outdated info from wiki.
The AC3 is the same regardless of the extension. All of my TV shows end up MP4/AC3 passthrough.
The drm on iTunes was dumped years back, as well.