It used to be that the factory air filters were too small and the surface area of the filter itself was too restrictive. From what I have seen that has changed significantly (except for my wife's 2016 Terrain that has the same engine as my truck but a filter 1/3 the size). Less restrictive filter media does in many cases mean a high percentage of particulates will get through. The best solution is one that increases the surface area of the filter and keeps the filtration the same. This increases over all flow without introducing issues. Now, this only benefits vehicles that may not be getting enough air flow. My truck is not one of those with it's monster filter box.
I, however, was duped into purchasing the GM performance air intake for my truck (and the exhaust, but that's a different, more positive story). The cone filter only has slightly more surface area than the oem filter. It's also covered under warranty being a GM part. Would I do it again? Absolutely not. It was a colossal waste of money. It does look "cool" under the hood but I'm over that.
Now, with that in mind would I use a washable drop in direct replacement filter? I live in the Arizona desert and dust is a huge factor out here. A washable filter out here is actually economical, especially if you offroad in the desert a significant amount. I would choose a dry style washable filter for economics only. I wouldn't expect it to flow better than the oem paper filter and would insure it filters as well as the oem paper filter.
Just my 2 cents from some of the research I've done over the last year on filtration in general.
-Curtiss