Seedlings and cuttings do best with LOTS of air in the root zone, and they prefer the medium damp, never wet. If your medium holds perched water, you should avoid sticking the cutting so deep the proximal end is immersed in the water in the perched water table. It inhibits oxygen intake needed for the cutting to metabolize the carbohydrates that will be used in forming roots, and gas exchange as well. It also promotes the growth of any of the fungi responsible for damping-off diseases, the cause of most cutting failures.
An ideal medium for cuttings would hold no perched water, which means that some sort of material that holds water inside or on the surface of particles only. CHCs very often have a high soluble salt content issue that rinsing may not resolve entirely. For cuttings, it's important that we do everything we can to ensure they remain hydrated AND get plenty of oxygen. The sometimes high level of salts in CHCs are problematic in that they make it more difficult for the cutting to absorb water; so given the choice, I would avoid coir or CHCs as a rooting medium or fraction thereof. Also, and FWIW, I've done some experimenting with some loose controls in place to satisfy my own curiosity about how CHCs and coir stack up against pine bark and peat respectively. Even after rinsing very well in an attempt to be sure that a high level of soluble salts did not play a part in the comparisons (I've done 4), the plants in CHC's and coir did not do well at all in comparison to those in either pine bark or peat.
Al