Another aspect to this debate is what proportion of a lines users and potential user base wants to go faster? It's not a clear cut division between tourist travellers and local / business travellers either, some visiting will be using the train for simply a means of getting from A to B, for others the train will be if not the experience in itself a significant part of it.
The later would rather trundle along and take in the view than pass everything in a blur... While those for whom its about A to B, many would want better journey times, but there will also be a (possibly growing) proportion for whom a better onboard environment, improved and robust digital connectivity and onboard service would be valued above and perhaps even negate the case for a shorter journey. If you have an environment where you can work productively and get good refreshments to refuel yourself, if the time on board is enjoyable and/or productive, then there is less need for speed?
Thus perhaps there is there a case for local trains for local people, and slower more service / tourist focussed trains for visitors with significantly more space. Yes there is the Royal Scotsman, but most visitors are wanting grand views not to spend a grand a day - there seems to be a gaping blackhole of a void between a rammed 156 and the Royal Scotsman!