Ax, opinion on Masters theseses being cited?
Perfectly acceptable like any other scholarly source - though I am surprised when I see them cited by undergrads because they're not usually easy to access.
My PhD thesis cited almost fifty Masters and PhD theses (mainly Masters). However, that was mainly a function of how research into some aspects of NZ's political history blossomed during the 1940s-60s, and the fact that most academic research during that period was not published - there were few journals and even fewer books. So NZ historians tend to make more use of unpublished theses than many other fields.