maccel has two drivers. One, the legacy, driver is a usb mouse driver that follows a very simple process for getting mouse inputs and reporting the modifying inputs. The limitation of this driver is that it might not work for some mice, because it binds your devices away from linux input system which already supports your mouse. See this issue.
The recommended (default) driver is an input handler kernel module, such that it applies acceleration on the mouse inputs that have already been properly parsed by the linux kernel.
The old driver will either not support your device at all, or not support some extra functions (keys) that your mouse has.
The new driver has general compatibility with the mice that linux already supports. In exchange it has 'more' lag than the old driver. Inconsequentially more. See the plot.
We're talking microseconds here, so you have no reason to use the old driver. If, for some reason, you want to use the old driver and it supports your mouse. You can bind to it like so:
sudo maccel driver bindall -- --install # --install makes it so it persists across boots
and unbind like so:
sudo maccel driver unbindall -- --uninstall # --uninstall makes it so it no longer rebinds across boots
I will most likely delete the old driver someday to simplify things. There is probably no point to keeping it.