Stainless steel, sounds great, stainless steel. Steel that does not stain. Sounds impressive. Sounds like a quality attribute. Backyard mechanics are easily sold on the term stainless steel. Often items are made of low quality stainless as a sales gimmick. People eat it up.
Ok so the stuff is hard to corrode. Are you therefore assuming that all else is equal? Equally hard, equally tough, equally strong, equally light? Not necessarily true. Depends on the stainless. Stainless steels just have to have enough chrome content to inhibit rust. Almost a generic term. There are low carbon stainless steels that work well as colanders and salad bowls. How do you know if these magazines are made from a better grade of stainless than your salad bowl? How do you know if these magazines are properly tempered? There is more to a magazine than just being made of stainless.
Why do you want a stainless steel magazine? Are you going to be shooting from a vat of corrosive acid? While the magazine may survive, the rest of the system is going to dissolve.
Maybe you are worried about rust, that is legitimate. You could also periodically clean your magazines. Magazines really don’t require much maintenance, you still need to clean the fouling out once in a while or you will get a jam, stainless or not.
M16 magazines are made from as light a material as possible. Foot soldiers are already loaded down with 125 pounds of gear, might as well make the magazines as light as possible. I believe the current M16 magazine is made of aluminum. I could be wrong. But the current material has worked very well. Used all over the world. Made by lots of folks who know, through practice, how to make a good magazine. The best thing about that is that military magazines tend to be cheap and reliable. All things being equal, I will buy the military magazine. If the vendor does not make the product to specification, he runs the risk of the government not paying him for a 100,000 magazines.
If you want stainless, go buy it. Could very well be a quality product, proper choice of stainless, proper bending and forming, annealing and heat treatment. I think it is a gimmick.