I need to create an inline formset which
a) excludes some fields from MyModel
being displayed altogether
b) displays some some fields MyMode
One thing that doesn't seem to be said in the documentation is that you can include a form inside your parameters for model formsets. So, for instance, let's say you have a person modelform, you can use it in a model formset by doing this
PersonFormSet = inlineformset_factory(User, Person, form=PersonForm, extra=6)
This allows you to do all the form validation, excludes, etc on a modelform level and have the factory replicate it.