First let me apologize for my error with the speed of the 2.5" HDD. I actually got bit higher on the same tester, closer to 80MB/s, but I have an early Seagate 750MB that has a small strip of SSDs that made it a little faster, in its day. That's my internal backup for a 500GB SSD. I think I got the internal speed mixed up with the USB speed, as I use most of those old HDDs on a Sabrient cable that works without a case, going from the SATA end to a USB3 plug. Great for saving space.Blackmagic Disk Speed Test reports 75MB for the 5400RMP hard disk, so it's not that slow.
Swap file sizes were increasing a long time ago, the first was 64MB, then they doubled until they reached 1GB, now on High Sierra they are simply 1GB each. As you can see, not enough memory was always an issue for me.![]()
Also, I believe that the OS swap file is not to a fixed size, but just gives you what you need to use the RAM most efficiently (within certain parameters). I don't follow exactly how it's working or how big it is. Most OS swap files only have trouble if you have your Photoshop and Capture One with scratch disks on the same boot drive. This creates the spinning rainbow symbol of death as well as slowdowns. The only good thing about having short memory is that it can only use a limited amount of scratch.
I consider "not that slow" to items like SATA SSDs (<600MB/s) or the first generation of NVMe drives on a PCI 2.0 mobs which is about 800MB/s. I might even put a new 3.5" HDD in that category, as it got over 200MB/s to my surprise... but not a 2.5 HDD.