In this paper, we analyze the coexistence issues of M-WiMAX TDD and WCDMA FDD systems. Smart antenna techniques are applied to mitigate the performance loss induced by adjacent channel interference (ACI) in the scenarios where performance is heavily degraded. In addition, an ACI model is proposed to capture the effect of transmit beamforming at the M-WiMAX base station. Furthermore, a MCS-based throughput analysis is proposed, to jointly consider the effects of ACI, system packet error rate requirement, and the available modulation and coding schemes, which is not possible by using the conventional Shannon equation based analysis. From the results, we find that the proposed MCS-based analysis method is quite suitable to analyze the system theoretical throughput in a practical manner.