I've read many times in comments here on Hacker News that the speed of your server-side programming language matters much less than the speed of your database or disk access. Given that SSDs are now commonly used by many hosting providers - is database/disk access still a bottleneck for server-side web apps?
I say '300' because just a few years ago we were doing that on (a poorly tuned) DB2 on top of an 8 disk array on Netapp over NFS... Worked Fine™