I'm no fan of journald, but I have some methodological issues with this test.
The reads from /tmp/all.log are almost certainly cached since you just wrote the file, and will basically boil down to a memcpy call, rather than actual disk I/O. Speed difference isn't as big as you would think on a modern SSD, but it isn't nothing either.
Running this between calls should flush the changes to disk and then drop the page cache, making for a fairer test.
$ sudo sync
$ echo 3 | sudo tee /proc/sys/vm/drop_caches