Fairly obviously a 1Gbps network is not going to compete with 5Gbps SATA or 20Gbps NVME. Having said that, for real performance we load stuff over the network into local RAM and then generally run from that (faster than all other options). On the internal network the server also has a large RAM disk shared over NFS/SMB, and the performance PC's have plenty of RAM - so really it's a tradeoff, and the optimum is going to depend on how the system is used.