depends on what your definition of 'fine' is. I also use an iPhone 4S with iOS 9, and looked at how fast iOS 9 runs on iPhone 6S
and iOS 8 on a friend's iPhone 4S. I don't think I'd call it anywhere close to fine.
I'm numb to the slow response times, but the crashing applications make me want to ditch this for a 50% cheaper android phone which runs faster, and doesn't have planned obsolescence[0] (the link talks about planned obsolescence in iPhone 4S and iOS 9 )
Now I'm okay with most of the stuff apple does with it's walled ecosystem, and appreciate some, but this is going directly against a consumer.
[0]: http://www.digitaltrends.com/mobile/iphone-4s-planned-obsole...