I’m having considerable difficulty with the notion that a few hundred mm^3 of air escaping from between the pads and rotors could cause enough audible noise to elicit complaints. Given that the shear strength of air can’t be much different from that of the products of pad outgassing, I’d expect that poor initial pad ‘bite’ would be the issue instead.
Looking more toward the relative damping capacities of stainless vs CI; a very brief search turned up this page:
Quoted in part (boldface mine),
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The exceptionally high damping capacity of gray cast iron is one of the most valuable qualities of this material. For this reason it is ideally suited for machine bases and supports, engine cylinder blocks and
brake components. The damping capacity of gray iron is considerably greater than that of steel or other kinds of iron. This behavior is attributed to the flake graphite structure of the gray iron, along with its unique stress-strain characteristics. The relative damping capacity of several different metals is illustrated in Table 4.
Damping capacity decreases with increasing strength since the larger amount of graphite present in the lower strength irons increases the energy absorbed. Larger cast section thicknesses increase damping capacity and inoculation usually decreases it. Heat treating can also have an appreciable effect on damping capacity.
Table 4. Relative Damping Capacity
Material x10 to the power of 4
White Iron 2-4
Malleable Iron 8-15
Ductile Iron 5-20
Gray Iron, Fine Flake 20-100
Gray Iron, Coarse Flake 100-500
Eutectoid Steel 4
Armco Iron 5
Aliminum 0.4
Natural Log of the Ratio of Successive Amplitude
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