I do
The lower models are pretty much equivalent to any other mid-range freestyle blade in the same price range, the blade runner itself is made from the same material (carbon steel) so you lose the main benefit of Paramounts which is having stainless blades (holding an edge longer, which means much more time between sharpening). So if you were already looking at the Coronation Ace or Professional, there's no reason you couldn't consider the paramount equivalents, but there's nothing completely fundamental about the blades themselves that will make them any different on the ice.
Paramounts are supposedly lighter weight, but honestly it's not so significantly lighter weight that it really makes a huge difference. I never honestly noticed any difference that had me going "wow, my blades are lighter" - what I did notice had everything to do with the difference of stainless vs carbon steel on the ice. Some people like the difference, but I've talked to quite a few others who don't like it and never could quite get used to it. I even have a coach who doesn't recommend them to any of her students because she can't stand the way they sound on the ice (although she mentions mine are quieter than my previous Phantom Specials, but that by no means makes them quiet at all).
Being available in fun colors is somewhat of a fringe benefit - I have brightly colored blades, but I'd be just as happy with them if they were plain - color is not the main reason I went with Paramounts, for me it was all about increasing the time between each sharpening. I routinely go 4-6 months now, I used to be lucky to make it 4-6 weeks.