Unfortunately, full-disk encryption absolutely kills SSD performance because it makes the data look random (i.e. incompressible). It will wear out the SSD much faster than using it without would, because the hardware compression unit in the controller can sometimes achieve 8:1, and therefore have to rewrite only 1/8th of the NAND cells that it otherwise would.
I think you're right on the effect but wrong on the implied grave magnitudes "absolutely kills" and "much faster", because: • not all SSDs even have hardware compression • modern workloads have less highly compressible data than in the past: large-media formats include their own compression, and bulk data processing often does its own application-level compress/decompress on store/load I'd be interested to see any be…
1. http://www.anandtech.com/show/4485/back-to-the-mac-os-x-107-...