If this material can convert carbon much more efficiently than plants, it would indeed be a game changer.
I disagree with this logic, as one could apply it to any theoretical biologic feature. The fact that random-walking evolutionary processes haven't stumbled upon a more optimal solution has nothing to do with whether such a solution exists or is easy to find.
And the organism's genetic line can persist with that mutant gene indefinitely, building onto it until it becomes a useful feature.
(This isn't so true in especially small organisms, where an extra gene here and there might blow their size or resource budget. This is one of several things constraining the evolution of mitochondria, for example.)