This thread has been interesting reading. I'm on the verge of buying a 21.5" iMac, and I was weighing my decision between a 256GB SSD and a 1TB Fusion, even taking into account that the 1TB Fusion has just 24GB SSD. I'm a light user; rarely anything more advanced than hobbyist-photo stuff. The occasional iMovie (like, once every year or two). I was told as a general idea that a 1TB Fusion would be 2-4 times as fast as the regular 1TB HDD, while the pure SSD would be about 8 times as fast, and it was a matter of how much money I wanted to spend.
I spoke to two different Apple store reps (at the online Apple store) when I started doing research and finding out what options were available. Both told me to get a Fusion drive because it would be faster than an SSD. I decided after that experience to talk to people who actually might know something.