Re: "However, don't depend on reliable operation of the circuit breakers if you have them in parallel."
My high power source (built before PowerHouses were produced) are 18V 20A Hammond transformers and TPCs. This setup has pumped up to 15A running three trains on the same loop. I initially relied on the TPC's circuit breaker for protection.
For a self resetting circuit breaker, I tried MOVs following an Application Note that suggested paralleling the MOVs for higher amperage than the biggest MOV available. The App Note said in an an over current condition, the most sensitive MOV would trip first and the remainder would cascade immediately. I rigged up a box paralleling 4 3A MOVs and found that it did trip at about 10A. (my test load was resistance heading coils). The self resetting feature of the MOVs was inconsistent in the time to reset after the over current was removed so I didn't adopt this solution.
To improve short protection, I switched to magnetic circuit breakers to eliminate the lag of thermal breakers.
I repeated my high-power experiment using instant-trip magnetic breakers rated at 10A. These breakers have a pull to reset button so I could run with either a single breaker or parallel two breakers. Both breakers (solo) tripped reliably at 10A. When I paralleled the breakers, the trip point was 15A - not the 20A I was expecting. The 15A trip point was consistent. Why the max current was 150% instead of 200% when the breakers were paralleled I don't know.
These days, I find the quick reaction and self-resetting over-current protection capabilities of the Lionel TMCC direct lockon and the PowerMaster are good solutions. 10A at 18V is sufficient power.