Nope, it's the cuben craze as i call it.
Cuben fiber isn't actually the best material for ponchos, rains skirts, or anything that will be subject to abrasion, because unless it's fortified with extra polyester or nylon material, it will abrade easily and more quickly than many other woven fabrics.
Silnylon on the other hand is excellent for the above, because woven nylon is tough as nails to begin with, but add a coating of slick, slippery silicone, well you got something that tends to glide off things. Sure, some of the silicone will eventually come or wear off, but easy to replace and meanwhile will likely go longer with the same amount of abrasion and still be waterproof as compared to cuben.
When i realized the above, i sold my cuben poncho tarp, because i'm looking for long term durability (and i realized since i like winter backpacking the most, tarps aren't for me so much).
Tarps and tents with stronger cuben, great stuff. They are not usually subjected to much abrasion wear though.
So, to me, it makes sense to go with the silnylon over the cuben for a poncho unless you are Ian money banks who doesn't have to worry about money and purchases at all. The nice thing about the cuben poncho though, is that it won't get soggy with moisture as can eventually happen to the silnylon poncho during a heavier or prolonged rain.

