Maybe not so fast. Other users are reporting that it’s not actually running properly in environments with limited RAM. The reduced memory usage might be more of a reporting misunderstanding, not an actual reduction in memory usage.
Gen 5 pcie is ~4GB/s per lane, AMD Genoa chips have 128 such lanes. That means on the order of 500GB/s aggregate throughput, which is comparable to the aggregate theoretical throughput of the 12 channel DDR5 RAM of the Genoa CPUs.
In other words, with enough data interleaving between enough NVME SSDs, you should have SSD throughput of the same order of magnitude as the system RAM.