The ATA controller on a MDD may not be faster than on the mini but you can use faster 3.5" drives I presume.
The 7447 used in the mini has twice the L2 cache of the 7455 used in the MDD but that has 2meg of L3 cache (at least in the 1.42Ghz version) which may compenate.
Personally as much as I'd like to run one of those 7448 2GHz cpus in a Quicksilver, I'm not really sure whether:
a) It will be significantly faster in normal use than a MDD 1.42Ghz considering the slower bus, slower ata controller (and maybe slightly slower RAM).
b) It will be supported by MorphOS (although on paper it sounds like it's just a souped up 7447).
c) It's worth the likely additional cost over a MDD 1.42GHz.
"We live, we die, we laugh, we cry"