"The best cone material" is the material that works best for you in your own setup. Too numerous variables determine the optimum approach; the only way to find out is via experimentation. Even the specific placement of the cones certainly has a very noticable effect. I haven't played around with the DH placement tricks yet, but I suspect that even if some improvement is realized, I'll not be keeping them. They sound so slow & sluggish; dynamics & PRaT have all but vanished.
Gold plated brass was once recommended to me by a knowlegable dealer (who didn't even sell the cones which he suggested would be the best) & sure enough when I installed them under my speakers, the results were certainly amazing. This is not to say that some other material or product might not work even better; I am pleased with my results so far, so I haven't tried anything else (yet) although I probably will experiment further.
Going back to the CD player, brass has done well for me in my digital stack (see the above post) but titanium works even better. Black Diamond, a carbon fiber composition, falls somewhere in between brass & ceramic, which is to say that they were better than nothing but still not very impressive, in THIS system. Your mileage WILL vary.
Mr. Chichiuno has just sent me the Nordost titanium Pulsar Points to audition; I'll be trying them out next. Pulsar's are also available in aluminum at far less cost, so that might be interesting too. My VPI MK4 turntable has stock aluminum cones & they seem to work well enough, but again I haven't experimented in that regard. I've also seen wooden cones, & stainless steel is also available. It all depends upon the specific application & setup. Just as in cabling, there is no single "right answer". Sure do wish it was that easy... but half the fun is getting there.