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The difficulty is comaparing one bike to another, especially in the real world. This was kind of the point of the NorCal videos. According to them, and the results of the tests, it’s obvious you should save your money and buy the $12.5k bike. It really is no comparison.
From my experience going from a 2008 Cannondale Slice to a 2014 Speed Concept which was $8500 with cheap wheels, I didn't see a difference. I raced a lot of tris (long and short course), TTs and weekly practice TTs and tracked my power, times and weather on all of those. I used the same race wheels, kit and power meter on both bikes and my set up was a close as possible on both bikes and I saw no noticeable difference in times, and I even had one weekly practice TT with identical power and identical times down to the second between the two bikes. According to my notes, the weather was basically the same between the two days.
Since it is hard to compare, I can't say for sure the Trek isn't a little faster, but the difference is very small. I like the Trek more than the Slice so I don't regret the purchase, but I gained little to nothing in speed. I think those small differences matter more in time trials where it's all about the bike and a slightly faster frame could mean a position or two. For triathletes, assuming they have a good set of race wheels, and decent position, the number one thing most can do to get faster is learn to stay glued to their aerobars.