It's not only magically fast, but it's super useful. You can use it at vending machines + convenience stores anywhere (unless it's one of those old ones that only take cash/coins and print paper tickets) and at the shops as well.

People not in Japan/Singapore/Korea/China should experience what a proper transit card done looks like.

I've used a Suica card for many years now. I agree it's both fast and reliable. One summer I was crisscrossing Tokyo by train over several days, using the Suica card, so I got to see a LOT of commuters. Lots of people were in a hurry and would run through the gates (the default state is open, it closes quickly if your card is out of funds or some other problem). Running through the gates while quickly touching the card to the reader. I've done that a couple of times myself.

It's also useful in that you can pre-order a Shinkansen ticket, for example, and link that purchase to your Suica card, which you then use for the Shinkansen gate. If there are other fees (which there may be) they're just deducted from the money the card holds, as usual. Makes everything very simple.

For me a physical card is easier than using a phone. A phone is so much larger so I would need to get it from a pocket somewhere, while the Suica card I can keep in my jeans pocket or some other easy place.

I much prefer convenient over fast, being able to just tap my phone's uploaded IC card/alipay without having to open it up or switch cards is maybe 200ms slower, but I don't have to think or change what I'm doing. Plus with alipay it will just autodeduct so I don't ever have to think about that as well, though Apple wallet Suica makes it easy to reload too.