I feel like it peaked in Snow Leopard to be honest. I can't think of a single time it ever crashed on me. Even with a 5400 RPM spinny disk it felt fast as hell.
I admittedly didn't test with an HDD though, Snow Leopard would probably have done better there. On the other hand, you give up a lot of good, useful features by going with Snow Leopard. I know a lot of Mac users were annoyed with autosaving when it was first introduced, but I remember typing essays with Pages on Snow Leopard in High School, and losing many hours of work due to the lack of any autosave functionality.