We made some improvements to the loading of WikiEditor, mostly removing old unused code – workarounds for browsers we no longer support, and remains of long-disabled editor experiments from 2010.
When it comes to loading performance, the slowest thing about the "old" wikitext editor is that you have to reload the whole page to open it. (This applies both to WikiEditor, and the super-old "core" editing toolbar, see Editor for reference.) Unfortunately, this is not really something we can change, as it would break countless gadgets and user scripts that run only once after the page loads and see if the editor is open, and make a lot of people very angry at us.
I don't think there's much we can do about loading speed of WikiEditor. Apart from this big problem, it is already fast.