What makes Pyramid better for you than e.g., Falcon?
From your comment, it sounds like a lot of the value you've gleaned from Pyramid is based on the framework staying out of your way, so why not use something 5x faster that does the same thing? Does Pyramid provide some unmatched abstractions? (I'm coming from a position of no true experience in Pyramid)
As far as I know Falcon didn't exist last time I seriously looked into Python frameworks, so I don't know what would make it better or worse. From a quick glance, it looks promising and I'll definitely want to evaluate it next time I seriously engage in a custom Python web application, though I don't expect to do so for a long time (current project depends on the also-superb Mezzanine, a Django-based CMS).
Yes, there isn't feature parity between pyramid and falcon.
You have event system, security abstraction, all kinds of overloading helpers for views and internal machinery that falcon doesn't seem to provide at least from my cursory look. Compare the size of documentation and configuration options between both projects.
Also looking at this http://klen.github.io/py-frameworks-bench/ the 5x better speed of falcon seems to be completly made up or occur in some very specific situation. More realisticly it looks like falcon can be 30% faster in some scenarios not involving storage - but for the price of giving you less options.
Which probably means that if you use any kind of storage the difference between those two can be ignored.
What makes Pyramid better for you than e.g., Falcon?
From your comment, it sounds like a lot of the value you've gleaned from Pyramid is based on the framework staying out of your way, so why not use something 5x faster that does the same thing? Does Pyramid provide some unmatched abstractions? (I'm coming from a position of no true experience in Pyramid)