Without a damper of some sort, there is a lot of heat loss when it's cold outside. The microwave oven might also develop a serious amount of frost on it from the humidity inside the house. The top of the microwave in EngineerIt's pictures does seem to have some sort of dark gray rubberized insulation adhered on it.
I never realized that the current-day oven/hood combo unit vented through the roof instead of through the side like our older stove hood has. The oven/hood today makes one more hole in the roof.

I suppose a side discharge can't be done because of the awning being in the way.
Another odd thing about EngineerIt's pictures.......Based on the cut-out in the microwave backing plate for a side discharge, the roof vent is far out of alignment with the top-discharge. That does not look right at all. I wonder if a ceiling joist prevents Phoenix from properly aligning it.
Does the exhaust from the microwave oven just swirl around above the microwave before finding it's way out the roof vent? If so, that would mean all the surfaces would get greasy.

Going from the earlier stove hood with separate microwave to the current day method, has some issues I never realized until now.