Mine doesn't arrive until tomorrow, but it seems others will disagree with you so far.
These guys say up to 22W, which is a little less than the 30W max it can charge, but shouldn't drain while plugged in, and shouldn't really be slow.
iPad Pro Magic Keyboard USB-C Passthrough Port Allows Charging Speeds of up to 22W
The Magic Keyboard for iPad Pro features a USB-C passthrough port and it allows you to charge the tablet at a fairly respectable 22 watts.wccftech.com
It definitely does drain while plugged in for high-load activities - and charge relatively slowly if the brightness is high. Also some chargers that do deliver power via the main USB-C port (eg my Anker power bank) do not via the case (says “not charging” when plugged in).
22W is 25% less... not exactly what I would call “a little”. I think people’s fears were it would be like that Logitech dock that was 5W - which it is definitely not, mercifully! - but if you’re really using the iPad, it’s still not enough to maintain battery level. As I said before, it must be a smart connector limitation - I’ll just have to deal!