Am I correct thinking that there's generally more time to be saved by speeding up the very slowest speeds on a line (say 30 to 50) rather than increasing the higher speeds (say 100 to 125)
Even setting aside things like breaking and acceleration, yes
10 miles at 30mph is 20 minutes
10 miles at 50mph is 12 minutes
10 miles at 80mph is 7.5 minutes
10 miles at 100mph is 6 minutes
10 miles at 125mph is 4.8 minutes
10 miles at 140mph is 4.3 minutes
10 miles at 160mph is 3.75 minutes
10 miles at 200mph is 3 minutes
10 miles at 220mph is 2.7 minutes
Moving from 100mph to 125mph saves 72 seconds per 10 miles
Moving from 30mph to 50mph saves 480 seconds per 10 miles
Upgrading 50 miles of track from 125 to 140mph would save 154 seconds
To save 154 seconds you'd have to upgrade 3.2 miles of track from 30mph to 50mph, or 1.8 miles from 30mph to 100mph