Pyromaniac,
The transfer rate depends much more on the 'density' (bits per inch) of the disk than on the rotational speed. The density of the data in the disks doubles every 2 years (roughly), and all rotational speed has done in the last 18 years (not counting SCSI) is going from 3600 to 7200.... so, when you compare transfer speeds you will have to make sure the compared drives have the same density to be able to say you are comparing 'apples' to 'apples'.
Also, with the data you are giving you are probably measuring cached data transfers or burst transfer speed, which is even less related to media transfer speed. (unless yours is a RAID setup).
Where you will also notice the difference between 7200 and 5400 or lower is in the 'latency', i.e time it passes to *begin* your data transfer, which is composed of the seek time (time to move the head) plus the latency (time before the desired sector is under the read/write head). For 7200 disks, the mean latency is of about 4 ms, and for 5400 disks it is of about 5.5 ms. This may seem a small difference, but adds up..
So, in summary : If you compare equal technology disks (same density and seek times), then a 7200 disk is about 10-20% faster than a 5400 disk *finding* data, and has the potential to transfer data at about a 35% faster speed from the disk platter to the disk controller.... and belive me, this difference is *quite* noticeable in the real life and/or if you do the proper tests.
Regards
FTC