No, no they wouldn’t. But how much better? On paper: Same edge retention, slightly tougher, both aren’t going to rust unless they’ve been sitting in the ocean….
The biggest factor between S35/45VN and Magnacut that I’ve been able to gather is that Magnacut is more difficult to heat treat correctly (needs to be at ~63 vs ~60). I’m not seeking it out, but eventually I would like to try some, just cuz I’m a knife enthusiast, not because I expect a great deal of difference between the steels.
I’m hoping it will be
easier to sharpen (or at least the same) compared to S35VN. That’s something that’s rarely taken into consideration. A tougher steel usually always sharpens easier. Then again, it’s gonna be a couple Rc points higher…

So who knows.
Also, heads up. If a new steel bothers you, you’re in for a nasty surprise at the next big trend of
axis, I mean bar locks….