Mike, I'm not sure where you read / heard that the Magico M9 uses ceramic drivers. Their drivers other than the tweeter (Be) use aluminum honeycomb core sandwiched between a graphene/carbon fiber skin.
IME over the years as you hear better and better systems and speakers you learn to hear the detriment of speaker designs adopted by brands (but sometimes modified over time) and sometimes, less often you hear which speakers do sound right. By right, I mean lower distortion, seamless transition driver to driver and across all drivers, lack of detrimental box effects, a high level of detail, extreme dynamics, effortlessness and the rarest of all - neutrality.
All that said, IMO there's a relationship between the speaker requirements above and the materials used (to be fair there are also other variables). Again, IME the best of the best I've heard don't use paper which is a good material in terms of cost and inherent self damping characteristics, however it lacks the stiffness and control of materials like ceramic, metals and carbon - based drivers.
The problem here is that, as humans we are subjective creatures and as such, not all value what I value as critical to a very high quality speaker and drivers. For example. some people don't value neutrality, they want a "warmer" sound. Some want "slammin' bass" over articulate accurate bass. And as such, some high end speaker companies capitalize in a market who like what they hear even if the design has inherent distortion, lacks frequency balance and has exaggerated and sometimes bloated bass. Net - driver materials matter in truly high end designs and for those that care about the attributes stated above. But for many (most?) of the market, it's meaningless.