At first I thought they were moving all the DACs/ADCs all the way out to where the actual speakers/microphones were, but it sounds like (pun not intended) that instead they moved from the ICE unit to the nearest etherloop stop, as for example the left front body unit that was shown, which seemed to have a bunch of left speakers, I am guessing the left front speakers, then right front on the right front body unit, similarly someplace one or more rear body units that handle ADC/DACs for that area of the vehicle.
So we have not totally gotten rid of legacy wiring in favor of "Etherloop" but realistically it is the sane balance. Running the network all the way to the speakers/microphones would actually require more wiring and complexity than this model where it runs to nearest module, then is broken out more traditionally, since from what they said about using a normal ethernet connection on the body module they were showing the PCB for, it seems likely they're using 8-conductor ethernet wiring to handle gigabit.
Better to have just two or three wires for the speakers or microphones than 8 wires plus power running to them, after all (or 8 wires and the added complexity of PoE). Similarly, rather than running power plus 8 wires to door motors and such, just run the few wires actually needed (2 or 3). And since we're operating at 48V (or 24V apparently for some things), wiring is smaller than it was for 12V for these motor loads, so you still have less wiring than before, even with the "last mile" being more traditional rather than "Etherloop".