Do New Clubs Really Make a Difference?

I recently switched my old driver out to the new Mizuno ST-230 Max and while I will talk about this new driver, it also made me wonder how much do new clubs even matter? My previous club is 5 years old now, which is a Cobra SpeedZone Extreme. I actually hit it decently well but I wanted a bit more distance and being that my miss is hitting it low on the club face, something that can still get the ball up in the air in those low misses. I did a bunch of research, watched YouTube videos, and saw that there was so much new terminology being used, but wondered, does this actually matter? I guess the big thing for 2024 was the 10k driver, which means 10,000 of some unit to measure moment of intertia. I also saw that the new Ping driver had this technology, costed over $600, and actually released a club back in 2017 that also had this technology called the G400.