Hey Jeff
Thanks for the ideas. I changed my test to only do an assignment. No I/O. Here are the tests
String Litteral Test
final static Sting test
I ran both tests in a loop 100 times to get an average, still the assignment of a String literal was faster than the assignment of a final static String in between 60 to 70 % of the cases. Now, granted the actual assignment times are very low, in most cases between 100 and 300 nanoseconds. So for most applications this would not be a measurable factor but for an application that must execute a less than 1 millisecond it could be a factor.