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For me it can be slow, especially refreshing magit (which probably is blocked by git, blocked by the bs)(on MacOS)

Try checking what M-x magit-toggle-verbose-refresh has to say, you may be able to identify what's slow and optimize around it

I would guess the roundtrip of intercepting every file stat call in the repo, it's very lovely. But will check.

magit is brutal when EDR is involved.