> Maybe it was very slow before
That is at least partly the case. I maintain msgspec[1], another Python JSON validation library. Pydantic V1 was ~100x slower at encoding/decoding/validating JSON than msgspec, which was more a testament to Pydantic's performance issues than msgspec's speed. Pydantic V2 is definitely faster than V1, but it's still ~10x slower than msgspec, and up to 2x slower than other pure-python implementations like mashumaro.
Recent benchmark here: https://gist.github.com/jcrist/d62f450594164d284fbea957fd48b...