There's an open GitHub issue on LV which mentions when using live_redirect you're paying a very large penalty in page load speeds due to extra latency being introduced by LV: https://github.com/phoenixframework/phoenix_live_view/issues...
Before this issue existed my non-scientific impression was the same. There was something that felt off when using sites that primarily used LV for navigation and loading content. It always felt like I was clicking, waiting a noticeable amount of time and then the content would appear -- even with a decent ping time (< 100ms).
I never experienced that type of delay when using Turbolinks and now Hotwire Turbo with comparable ping times to a server.