Not a perfect comparison, but I have a Windows 10 box I built with a small M2 NVMe SSD boot drive, but a lot of apps -- including notably Steam games, OneDrive, and the browser Downloads folder -- runs off a larger 7200rpm hard drive. I've never felt any slowness and everything is blazing fast. It's got 16GB RAM, though.

I know a lot of cheap machines have 5400rpm hard drives, I wonder if 7200rpm+ drives will offer a better experience. Also what role RAM plays in user experience.