I find this shocking and somewhat unbelievable. My wife, who isn't a tech person at all thinks that page load speed matters (she just called so I asked her) -- and sites gmail as an example of a page that takes too long to load (I think that "loading..." indicator actually brings their load time to the forefront, although it really isn't that long).
I just have trouble seeing a .NET developer saying "for high volume sites page load speed doesn't matter", when most people who aren't in the tech industry would concede that it does.