This is true as far as it goes, but a silly argument. Let's apply a reversal test (http://www.nickbostrom.com/ethics/statusquo.pdf).
Suppose the kernel build were as efficient as Chrome's is claimed to be on this page (<5s) and wasn't stressing his system. Would Linus then approve of anyone submitting patches to deliberately slow down the Linux kernel build just to show up slownesses in page fault and encourage kernel devs to spend time on optimizing that?
No, of course not! That would be idiocy and the person submitting the patches would probably be banned by Linus in his titanic rage. However, since the slow build & page faults is the status quo, Linus is making lemonade of it...