Interesting.
Did a bit of digging around on the net. It seems that 2618 pistons can wear rings slightly quicker and have higher oil consumption and blow-by. BUT, this is only during start up, once warm they are said to be a match for the 4032 alloys for those criteria.
It looks like 2618 alloys pistons are better suited for kicking the sh*t out of - higher rpms and ultimate temperature but the 4032 seem to be more stable with regard to controlling ring gaps and clearances.
The crack propogation thing is a good point, and it seems the 2618 have more chance of holding up against a full crack failure, but thats under very extreme conditions, which is why I guess they're suited to enormously tuned applications.
Wiesco, CP, Arias and JE all use 2618.