I ride 46:18 SS on a 27 x 1 1/4" wheel. It's a light bike for a steel frame. I have managed 23-23MPH on the flat but can't keep it up for very long. About 18-19MPH is my normal speed on this bike. I have no idea what cadence that works out and tbh, I don't really care. With this gear, I can climb anything I need to climb in my area but I've had the speed down to about 5MPH on occasion on the steep bits. Yet I find I can't climb this hill any faster on my (admittedly much heavier) slick tyred MTB in a much lower gear ratio. Easier yes, faster no.
I enjoy how responsive the SS feels and the fact that I never have to think about what I'm doing, I don't need to thonk about what gear I should be in, I just get on with it - want to go faster - pedal faster, want to go slower - pedal slower, struggling going up a hill - stand up and pedal. To me, it's cycling in it's simplest form and I like it. The other thing I like is being able to travel in perfect silence apart from a little tyre noise. Derailleur equipped bikes make a lot more noise as the longer chain threads it's way through a load of additional wheels (and I didn't even notice this until I started riding SS and three speed, now I do notice).