This sounds like as much a religious discussion as anything we could do in the billiards world except maybe chalk.
I'm siding with thenaturalpoolplayer from a playing standpoint. I learned to play tennis on wooden racquets, now you might find a few on thrift shops and walls and I work with a company selling carbon fiber racquets to high school players. I learned to ski on wooden cross country skis, and listened to a generation of Scandinavians tell me how they'd never switch, meanwhile I and every other racer use carbon fiber honeycomb core skis that outperform wood in every way imaginable. Look at the Tour de France bikes and tell me how many aren't carbon fiber.
Right now the carbon fiber shafts are on the expensive side, but it is only a matter of time before the price drops and every quality shaft is carbon fiber. As for the cue butts, I love the artistry, and they will surely survive for quite some time with the elaborate wood inlays for show, but for dough, they'll go carbon fiber also.
And don't get me going about vinyl records. I used to write FIRs and IIRs in the signal processing world, and we're perfectly capable of digitizing scratches. static, 60 Hz hum and all the other background nonsense that comes with vinyl. I have my entire music library on something the size of my keychain instead of a cabinet as well.