To roll up some of the comments thread, initially we can consider letting our state have $N=2$ qubits entangled in one of the Bell states corresponding to a uniform superposition of the positive sum of $M=2$ of the four "universal set" basis states on $2$ qubits, say:
$$\vert\Phi^+\rangle=\frac{1}{\sqrt{2}}(\vert 00\rangle+\vert 11\rangle).$$
Flipping both qubits together brings us to:
$$\frac{1}{\sqrt{2}}(\vert 11\rangle+\vert 00\rangle);$$
i.e. the same state.
Alternatively we could consider acting on another Bell state, say:
$$\vert\Phi^-\rangle=\frac{1}{\sqrt{2}}(\vert 00\rangle-\vert 11\rangle).$$
However, such a mapping provides:
$$\frac{1}{\sqrt{2}}(\vert 11\rangle-\vert 00\rangle)=-\vert\Phi^-\rangle,$$
which is the same up to a global phase.
Thus, the bit-flip/$\mathsf{CNOT}$ operation does not simply move from a superposition of a subset of the basis states to the corresponding complementary subset of basis states; indeed, the states may already be in an eigenstate of the $\mathsf{CNOT}$ operation(s).
The OP's idea of partitioning a superposition into two sets and "flipping between" them runs against the BBBV theorem, which limits how easy it can be to find quick solutions to blackbox problems; it also might run against the no cloning theorem, which limits the ability to copy unknown states.
Another quick way to see the same is to consider a state such as the uniform superposition over all basis states - there the "complementary" set is null; thus, it would not make sense to flip between two complimentary sets.