I assume the native formats will always be faster / more optimized but the need for Trino as a separate executor while running either of these databases seems to be close to gone.
Native format is faster (especially for colocated joins), but it's way more expensive if you have to run a bunch of separate storage nodes vs just using S3, especially your query volume isn't that high.
I liken it to the BigQuery cost model, where storage is effectively free.