There's another reason to turn down the speed of your sander, though you may not need it too often:
When using "vlies" and/or intermediate pads and/or very soft pads, it's easier for the abrasive to conform to the material at low speed.
So less "eroding" of the surface, and better sanding in the low spots. This makes for effective sanding/scuffing without losing too much of the toplayer.
In brushed paintcoats, the surface irregularities caused by the application method are often about as thick or even thicker then one single layer of paint.
So on old coats of oil-based enamel that still portray good adhesion, this may well mean the difference between sanding down, reapplying a ground layer and an endcoat,
or just thorough cleaning, scuffing up and applying an endcoat. So this is "delicate" work, even when the layers itself aren't delicate.
When using "vlies" or Scotch-Brite like material and a low speed it's entirely possible to do with a sander that could otherwise only be achieved by hand, and with a significantly better quality to boot.
I hope this "explanation" makes sense?
Regards,
Job