The 9.1 and 9.2 comparission came from the "OldWorld" era, when I was using a 8500 at 180 Mhz, Then using an unsupported 9.2 in that machine showed really clear speed and responsiveness enhancements against the same configuration with Mac Os 9.1. This improvements come mainly from Finder optimizations.
Hmm, when I suggest people to keep 9.1 instead of 9.2.2 it is because of my experiances with the main machines I used for a longer time, and I all set up from zero. A G3/233DT (overclocked to 292 and 85 Systembus), a G3/350, an iMac/233, an 7600/240, my beloved 9600/G4800, my Pismos/500, Umax Pulsar/G3400 and the 8600, ... all these machines felt a lot and noticable slower after I did the 9.2.1 and 9.2.2 updates. Several of them got a clean and fresh 9.1 previously.
I am not talking about hte later G4 machines, there I always use 9.2.2 often as they need it, or the ATIs need it or similar.
Is there a possibility that you are really not talking about the Control Panels and System Extensions? Means that you are not talking about the entire System?
I remember that I had the feeling when using 8.6 for the first time that everything ran 50% faster (because of the clean PPC code like I learned later). But I always had the feeling that 9.2.2 is a lot slower.
But, to be honest, I never measured it!