I have disabled disk caching completly and it works great.
Which cache? Completely disabling the OS disk cache would mean that any application that writes to disk will pause while the write is taking place. It would be painfully slow. I'm guessing you just turned off SuperFetch. I don't think you completely disabled caching.
As for solid state disk, their read time is great, their write time sucks, so if you wanted one to just dump your paging file on, like I originally thought of doing, it would actually slow things down.
This part is true. That, plus the limited write cycles means you'd kill the drive quickly.
Also if you check the specs on most SSD their seek time and read is actually slower than the 10,000 RPM raptors.
The fastest Raptor is 4.2 ms, and SSDs are in the 0.02 ms range. They have no moving parts, which means they don't have to wait for a head to move.
And don't believe the "3 Gb/s" listed on any mechanical drive. That's the speed of the bus from the buffer, not the speed the platters can actually read. A drive with a 16 MB cache can maintain 3 GB/s for 0.04 seconds. After that, it's much slower.
In any case, RAM will always beat drives. In 1998, most types of RAM had 50 ns = 0.00000005s access time. Adding more RAM will beat any amount of hard drive tweaking by a tremendous margin.
Unless you're editing video, drive speeds are rather moot in my opinion. For me a disk is just permanent storage, and I prefer to keep my software in RAM as much as possible for maximum performance.