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I don't think anyone has mentioned this yet, but keep in mind that the whole WM performance problem started when they switched to a persistent memory-model a few years ago with WM5. (NVRAM) Couple that with the fact that clock speeds haven't gone up, and you have a double-whammy effect.
I still occasionally use my Dell Axim X30 high with the 624 mHz proc. Man it flies! But it's not just the fast cpu, it's also the old volatile ram configuration.
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