In the low temperature, low speed applications that bicycles face, there is no benefit to ceramic bearings over steel bearings in an apples to apples comparison.
Here's why:
A hub or bottom bracket bearing faces axial loads while the cyclist applies power to the bike. Axial loads must be distributed by the balls of the bearing on the bearing race.
A misaligned bearing, even by the smallest of margins (outside +/- 0.0005''), will cause substantial increases in rolling friction.
Ceramic balls on steel races, commonly marketed as Hybrid Ceramic bearings (such as Enduro and Boca bearings), are not good unless perfectly sized. This is because ceramic balls are much harder than the steel races. If the balls are not perfectly toleranced (as they rarely are for hybrid ceramics) to the race outer diameter, once axial loads are applied to the bearing during bicycle riding the race will be damaged. Once the race is damaged due to the hardness of the ceramic balls, friction increases and the bearings will deteriorate quickly.
Alright, so you purchase a set of perfectly toleranced, high precision full ceramic bearings from Ceramic Speed for your Mavic wheels. You install them noticing that they are so light and spin so smooth in the bike stand.
Why are the bearings so light? Why do they spin so smooth in the stand? The dirty secret about ceramic bearings in the bicycle industry is that the key ingidient is less grease and fewer seals.
That's it. Zipp uses 85% fill for steel bearings and 50% fill for ceramics.
FSA reduces the number of seals in their ceramic bottom brackets from 4 down to 2, as well as fills their ceramic BB's with lower viscosity grease. They feel great in the stand!
The truth is that ceramic bearings DO NOT work for long without proper grease! The balls still need to be protected from the race, just like in every steel bearing. You can get away with it for a while (or even just use oil as fill), but the bearing will deteriorate quickly and increase in friction yet again.
Even if everything is perfect, comparing good bearings to good ceramic bearings, we are talking a MAX net power gain in IDEAL conditions to be 0.5-1 watt.
So--you want fast bearings? Get a good set of steel bearings, lube them up well with low viscosity grease, and take out the seals. Check up on them every couple of weeks to regrease.
Mission accomplished.