Perhaps a visual will help folks understand.
https://knifesteelnerds.com/2019/05/26/new-micrographs-of-42-knife-steels/
This is what the microstructure of s110v looks like.
The white clusters are "carbides" they are hard particle inclusions in the steel that are harder than the surrounding steel structure.
They are what make the steel very wear resistant yet reduce the raw toughness.
There are different types of Carbides with different hardnesses.
The Carbides in s110v are especially hard due to their elemental chemistry with a good volume of them being harder than ceramic abrasives.
When one is using the brown rods rather than diamond they are leaving some performance on the table.
Why?
The brown rods will cut into the surrounding steel and break the exposed carbides to shape but not CUT the carbides to shape like diamonds can.
When the Carbides are CUT they can be shaped to a smaller radius better.
It's pretty straight forward.
You'll be able to shape a better apex with diamond for a steel with a microstructure like this.
At the end of the day, skill and technique with sharpening overrides everything.
Buying diamond stones doesn't instantly make one a pro. No "Pay to Win" here.
However, if ones skill and technique is solid diamond will make a superior edge for a steel like this.
One must respect the chemistry and microstructure of an extreme steel like s110v and respond accordingly if one seeks the highest performance a steel like that can offer if sharpened correctly.