This hides the original metaballs when they are used in
duplifaces/-verts instancing, and still shows the instanced metaballs.
The visibility of the original metaballs is now determined by the
visibility of the instancer. I'm not too thrilled about this, but at
least it gives users the ability to show/hide the metaballs for
viewport/render. Instead of linking this to the visibility of the
instancer, we could also introduce similar options for the metaballs
to determine their visibility separately.