It is not relevant.
Really? Setting the capacity is really relevant for the performance of all Tstringbuilders, even on Delphi, where it is even documented as such.
It avoids re-allocations and that is where the perceived speed loss comes from.
The default capacity is rather low / non-existent.
Note I did not test it thoroughly yet, but it seems there is a considerable performance gain compared to the default when I set it to about 1024 even for longer strings (because the growth factor relies on the initial value).
If you think it is not relevant, please give an example?