Dave,
this is what I heard about kernel speed. I always thought faster was better then I got told use the minimum kernel speed that is fast enough to run your motors.
I used to have mine set at least 45,000 then reduced it to 25,000. Sometimes it was OK but other times, Mach3 would give me a message saying my kernel speed is too low, so I settled on 35,000
A faster kernel speed is supposed to put extra load on the computer whether the motors are running or not, so the theory was the lower your kernel speed the better the system stability.
As far as I am aware, changing the kernel speed does not affect anything, it simply allows faster tighter timing (if it's needed). Maybe someone with more knowledge than me can add to this.
Keith.