This new event system...

Could someone knowledgable do a comprehensive rundown on it and what exactly it is, what it offers in benefit?

Clearly it’s the messaging system for the UI, but seems to be available to be used for anything.

Is it ideal to get accustomed to using this new Event system in place of C# events? Or anything like that? Does it offer better performance? What all was it conceived of and made to do?

This article does a good job covering what the EventSystem is all about.

Other then replacing the c# event/delegate, i would say this new eventsystem only has these common mouse/touch state events. So you can’t make your own custom events which the c# event/delegate system would still be in use.