An SSD will be much faster at data movement than an RDHD.
NAS backups are always slow, they cannot move at more than the speed of the slowest device in the network (The entire network slows to accommodate the slowest attached device, been that way for decades.) Add to that the low priority of a TM backup (so as not to interfere with what you are doing while the backup is underway) and a TM backup to NAS is dead slow. Particularly for a new, full, backup. Incrementals get faster to complete because there is less data to move.
I don't understand Apple always doing new OS's with more cutesy features.
The new iMac, no 27" display what is that????
What does the OS have to do with a hardware decision by Apple? Apple may well have decided that sales of the 27" iMac didn't warrant continuation, or they could be working on a new model. We don't know because they don't share plans. And as far as "cutesy features," the new functionality of the more recent versions of the OS, I find I really like things like continuity, and focus, and security of the boot image are kind of important to me. Those are more important to me than the size of a screen. But it's definitely up to you what you want and need.
And you don't have to migrate to HS if you don't want to. But that old system, even if it is quick enough for you now, will fall further and further behind and eventually be left totally behind. And moving up, if you do decide to do that later on, will be harder because you are further behind. Smaller changes are easier, at least for me.