As someone who had to develop on a super-restricted, underpowered laptop: Speed meant a LOT to me. Being able to think faster than my laptop, because I was using vscode's terminal (which is Electron based), was excruciatingly painful - Wezterm FTW! I used Alacritty, but due to windows versions pasting indented text made Alacritty indent more and more, which was a frustration for me. But I would agree that beyond a certain point speed won't matter, because when your machine can be powerful enough to run vscode smoothly, that (Electron) won't matter any more.

Anyway, I fully agree with you; I just wanted to note that depending on the situation, speed may matter a LOT more than some may think :)