It is not slower. I had an Alpha Revo, and now have an LF Quantum TT premium. The LF is any angle constant pull... assuming you don't bottom out, one drop of the tension bar is all it takes to tension the string.
IMO, the only disadvantage you have on the LF vs the Revo is the absence of a turn table brake... should not be a big issue unless you string a lot of Prince O3s. But then again, LF provides you (or at least they used to, not sure if they still do) with 2 types of boomerang for use on O3s to compensate for the absence of a turn table brake.
Constant pull vs Lock-out... obviously I went for the constant pull.