Ok, to answer your question... The larger the file, the longer it takes for the PDF to load. If the file contains graphics such as images or artwork, the time it takes to load is even longer. Navigating through pages takes longer as well as it is to be expected. As an example, I just opened a 200 MB PDF document that is mostly images and charts and the initial time to open took 32 seconds. Navigating through the pages of this PDF (page turns) takes 3 - 4 seconds on average. It is usable in my opinion but not comparable to the speed of a desktop or even the iPad.
As far as the looks of the text, quite readable in my opinion. I have been very satisfied with the quality of most PDFs I have tried on it.
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