My IntelliJ IDE is easily 100 times more functional than early text editors.
As for slower: Any relative comparisons are still missing the point. It’s not a relative question. It’s an absolute question: Is this fast enough?
Let’s be honest, none of us are sitting around waiting for our complex IDEs to render characters on the screen. No one really cares if it’s 1ms or 30ms or even 200ms.
Likewise, I don’t care if it takes 100ms or 10s to open the IDE because I’m not quitting it and re-launching it all day. I launch it, leave it open, and that’s that.
People like to glorify the good old days when apps were supposedly faster to launch, but they forget the convenience of simply leaving apps open with our oodles of RAM and letting our computers rely on suspend/wake. The longest delays in my workflow are getting my laptop out of the bag and typing in the password, or maybe downloading things from the internet.
Terminal latency or app launch time just don’t even register on the list of delays during my day.