As I remember, "Metal" type IV formulations needed lots of energy to get the signal imprinted on them, but conversely, it took a lot of abuse to shave the signal off, thereby hopefully retaining high frequencies longer. The headroom could be phenominal too.
There were downsides though. Head wear could be an issue with cheaper "permalloy" head types and there was slightly more hiss as well, losing some of the headroom advantage.
I can't go on and I can't go back, I don't feel so matter of fact,
I tried and tried to make good sense, What's the good to try it all again?