Earlier quoted context omitted.
It's faster (in software).
One of the key points of hashes in cryptography is to be computationally expensive rather than faster. Faster means more password attacks per second. Granted faster is better for non-cryptographic purposes like data indexes, but even there I'd consider performance secondary to the hash size, etc
Although we do want hashing to be slow when it's password hashing, that doesn't mean we want our general-purpose hash primitives themselves to be slow.