And we’re not typing programs in from magazines like in the 80s here. My bottleneck is nearly always thinking time. Typing time is irrelevant.
When it comes to work that doesn't require deep thought, it matters. I'm much more likely to achieve a task that someone else might dismiss "because it requires too much typing."
It also helps a lot with refactoring, which is mostly a mechanical process. I'm much more willing to do large refactoring than some others due to the fact that I'm very good with my editor.
Point is that you're right, but you're also describing a subset of problems which require deep thought, and not fully considering the benefits that might be had from the alternative.
I don't agree. Code is communication. Imagine you had to sound out every letter of every word while speaking - it wouldn't just be slower, you'd lose your place or simply not bother saying certain things.