The cursor animation is actually a great one because it does not add any latency. By comparison, when animations are not disabled on my Pixel 6 it takes almost one second to switch application instead of maybe 100ms (double tapping the app swap button to get to the previous app running).
God yeah smartphones are the worst, Apple (& co) particularly. My iPhone 12 Mini could feel so much faster if I could just disable all the annoying animations that just make everything feel slower instead of being helpful. Setting animation speed to 0x is probably the feature from Android I miss the most.
Accessibility > Reduce Motion
Hardly any difference. If you haven't seen it before, try an Android phone in your hand and toggle animations 1x/0x and see what a stark difference it is. iOS is still littered with animations all over the place with that toggle enabled.