Depends...
What kind of hard disk (IDE, SATA, SCSI, internal vs. external)?
What size cache (2 MB, 8MB, 16MB)?
What rotational speed (5400, 7200, 10,000)?
What measurement are you asking about (continuous, "burst")?
How is the data laid out on the disk? How much fragmentation?
Etc.
And you thought you were asking a simple question ;-)
In any case, raw measurements aren't all that meaningful, and the hard disk
is only one part of many elements that combine to create your computer's
performance.
Speaking very generally: An internal hard disk will feel faster than an
external hard disk, as will a higher rotational speed and a larger disk
cache. Whether you will notice the difference in day to day computing (and
whether it will matter to you) is another thing. Data in contiguous blocks
can be read and written faster than if the read/write heads have to look for
data the way I type.
When buying a hard disk, it's always wise to buy the current technology,
though not necesssrily the bleeding edge. Current technology costs no more
than older technology, and since the performance of your hardware is the sum
of the performance of the individual parts, why not?
Modem Ani