I've cancelled my copilot subscription last week and when it expires in two weeks I'll mostly likely shift to local models for autocomplete/simple stuff.
That said, months ago I did experience the kind of slow agent edit times you mentioned. I don't know where the bottleneck was, but it hasn't come back.
I'm on library WiFi right now, "vibe coding" (as much as I dislike that term) a new tool for my customers using Copilot, and it's snappy.