Only in our wet dreams exists a competitive edge where you copy a website 1:1 but use vanilla JS over their jQuery so things load a tiny bit faster and their users flock over to your website, chanting your name.
https://blog.gigaspaces.com/amazon-found-every-100ms-of-late...
http://glinden.blogspot.com.au/2006/11/marissa-mayer-at-web-...
I'm sure I read essentially the same from ebay as well at some point. It's worse than being a competitive advantage : extra milliseconds seem to matter a lot for the size of the market in the first place.
On a daily basis I have to interact with HPE's website. Now THAT's a company that could care less about their user's experience on their website. Pages take on average 20 seconds to load and sometimes up to 3 minutes! They are lucky that it's not their website that is their business but it's their products or else they'd lose business so fast. I absolutely HATE interacting with their site because of how slow it is. I can deal with bad UX if the site is quick to load, but I can't deal with bad UX if the site is extremely slow.
Another thing to think about is simple single content pages, like ones that just tell you the time, or tell you what your IP address is. The ones at the top of Google searches pay extremely close attention to page speed load times. There is so much competition in their space that they know they need to be the best and that is just another way to do that.
In 99,9% of cases it's not worth it to go ultra lightweight.