I think, rather, that that's a good portion of the
explanation of why they
  were so slow.
  Ballpark example, take a 12AU7: the sum of the grid-to-plate and
  grid-to-cathode capacitance is around 3 pF. Suppose the network resistance
  feeding the grid circuit is 250 KOhm, that's an RC time constant of 0.75uS,
  a little better than just 1 MHz. (R can be reduced of course but power
  consumption is then on the climb.) 
Well, OK, i could buy that, but from what I have seen from the
circuits and construction of tube logic circuits is that the 3 pF is
not much compared to all the stray capacitance kicking around due to
construction techniques.
--
Will