Discussion

At HDD: performance differences between 7.2k SATA and 15k SAS, we've determined that 7.2k RPM HDDs would have well under a 100 IOPS, whereas even 15k SAS would still only net you about 200 IOPS. (These IOPS parameters are limited by the speed of rotation, which stays constant through generations, and doesn't improve with each generation (unlike sequential throughput, which does improve with each generation).) Doing simple math around random 4K reads/writes, this translates to a performance metric of at most 800KiB/s — well under 1MiB/s.

Compare this with the specs for various SSDs that have been on the market for a number of years; generally, the SATA 6Gbps (600MiB/s) ones appear to have reached interface limit, as they all appear to be spec'ed to about 85k IOPS for both reads and writes. At random 4K read/write, that translates to 340MiB/s, which would appear to be faster than even the sequential speeds of latest-generation HDDs.

Summary

Of course, sequential speeds of 15k SAS HDDs (at about 250MiB/s on the outer physical layer (the beginning of the logical disc), and 100MiB/s on the inner layer (at the end of the logical disc)) are still relatively competitive with SATA SSDs (which usually do about 500MiB/s sequential throughput), because SSDs are reaching interface limits (6Gbps SATA is limited to 600MiB/s due to the 10/8 encoding); the difference is merely a factor of about 2 to 4x, whereas SAS HDDs would provide higher reliability.

However, random IO is uncomparable — SSDs are faster by a factor of about 400x (4 hundred times). Given this, it's not very clear why there's even any market for 10k/15k SATA HDDs anymore — especially given that the capacities of these 10k/15k SAS HDDs are relatively similar and often even smaller than the capacities of the SSDs.