You also have to state the fact that DVD has a variable speed rate, and actually only stays at an average between half it's speed and it's full speed, so around 9x. Meaning they read the same speed.
The problem comes in due to size. BD data is nearly 3 to 4 times the size of data on a DVD. DVDs use smaller data, and also use compression.(Such as using lower quality for audio, PS3 supports full 7.1 etc etc). Now you are reading the same amount of data, but DVD would read the equal amount, in about half to 1/4th the rate the BD would BECAUSE of size of data. Though you can compress data on a BD disc as well and avoid installing all together. Though compressed data needs to be uncompressed before it can be used, when taking that into account the speed difference is not noticeable really. Some lazy devs will use installs, and some other devs will need installs(MGS4, 50 gig game...), though some devs will optimize to shit, like uncharted and never need installs or long loading.







