You are correct, of course. And you've alluded to the problem...finding that speed in today's green speed arms race. Also, there's the issue of who is playing the course.
I have actually been think about this in the last couple of weeks because I played St. Andrews Balgove and Strathtyrum, Leven Links, Anstruther, Nairn Dunbar and Duff House Royal. I can't imagine courses with more widely varied greens than Balgove and Duff House.
One aimed at serving less-skilled or weaker players, the other being a supposedly unaltered set of MacKenzie greens.
Duff House ain't Sitwell Park but I glad my wife and I made the trek from Nairn over there because the greens are very cool. At wild green speeds they'd be no fun for most players, to be honest, they could have been a touch faster the day we were there, but not much, especially for daily member play.
At the other end, Balgove greens are VERY flat. And they aren't all that fast. Again consider the audience.
So, the question is, "Who decides, and on what basis?"