> But I think the reality is that our educational system had just decided that faster is better and that speed is a legitimate way to grade and rank students. Which is stupid.

That's not stupid. Speed does in fact matter in the real world. To illustrate the point, let's consider an extreme example: what if it took me an entire year to do something that someone else could do in an hour? My results would be so slow that nobody would tolerate me as an employee or partner. On the other extreme, if someone takes 1h1s instead of 1h it's not really a big deal.

I don't think it's unreasonable to draw a line somewhere and say "if you can't do it this fast, you haven't learned the material adequately". The tricky thing is where to draw that line, not whether such a line is ok at all.

Ok, in the extreme case, that's a fair point. Tests can't be unlimited in length. But I don't think it's actually that tricky to draw the line. If a typical school test is 1 hour during class, just give students the option to come in at lunch or a free period for an extra period for extra time if needed. That seems easy and reasonable enough to me.