Raymond,
Regarding simulator comparison, you can have a look at the following posts on this forum:
http://www.designers-guide.org/Forum/?board=rfdesign;action=display;num=10660745...http://www.designers-guide.org/Forum/?board=circuit;action=display;num=109419979...I have been using Mentor tools for quite some time and they are OK, but I have the impression Cadence spends more efforts to improve their tools and add new features. MGC schematic capture is definitely not as user-friendly as the Virtuoso platform. On the other hand Modelsim and ADMS compete very well with Cadence.
Beyond the tool question and the needs for the designers to learn new tools, your boss should be aware that it will be almost impossible to rework previous designs or re-use parts of them in new developments if you change the tools. I am not aware of any bridge to move designs from CDBA to an MGC database. Of course you can use GDSII, but that's only for the layout view.
Concerning the design kits for MGC, AFAIK most of them are delivered by Mentor, not by the foundries, except for the device models. I am not exactly sure about this, so please feel free to correct me if I am wrong...
Paul