Here is a little test, code is simple, I hope it will work on your PCs (it is without project1.lrs file)
Edit: Be patient, test run ~ 15 seconds.
On my CPU Intel Penryn 7350 2GHz usually multiplication is 3.2x faster and searching in local variable is 150 - 250 x faster, depend on length of string and also if test run from Lazarus (under debugger) or normally from binary.