Faster RAM of the same size will usually get you a 1%-3% performance increase in memory-gobbling applications such as games, databases, and so forth. Modern Games are the most likely to see a 1-3% increase since they use RAM heavily. Doubling memory from 4GB to 8GB could see improvements in the range of 30, or even 50%, depending on the game and/or applications.
The Speed of RAM is one of the last things to consider though since the speed increase for extra cost is the lowest.