That's why the android emulator, even though it is so so so SO slow, proves a worthy tool to develop with. If your app runs quickly, relatively speaking, on the emulator, you've got a good app.
Using the emulator you're conditioned to the slowness. You can't even set a valid baseline. Now your application is so slow you can't tell if the performance is due to the application or the emulator.
Seriously, the emulator is a complete joke.