They are slower, but they're better sea boats and more capable. And if you've got a missile chasing you then the fact that you only do 32 knots instead of 38 isn't going to matter much.
Right! The new turbines in today’s DDGs can really dig their props into the water for quick starts and superb maneuverability.
But, you’re right also about being chased by a missile, and even if the Phalanx takes it out, you might still get deadly shrapnel all over the ship - and then some.