If the question is: "Is speed an advantage"
The answer is undoubtedly yes. Whether you shoot 200 fps or 300fps. More speed is a plus as long as you can shoot your setup just as good.
Shoot what you want! Just because you could kill a Whitetail with a .22 Don't tell somebody a 30.06 is no advantage.
Like I said before, I don't set my bows up on full race like I used to, but I do know controlled speed is an advantage. Flatter trajectory, and more KE for less than an ideal shot. I am sure none of us has never made less than an ideal shot[8D]
Dan