I've never understood the claim that slow-motion makes action seem faster. To me, slow-motion makes things look slower.
It does, however, give the audience time to linger over actions that would pass too quickly at full speed, so the moment seems more vivid, like the scene in hundreds of movies where a major character is shot, then falls down in slow motion.
The reason it works in this scene is that it drags us along with Neo and Trinity, who have the power to bend the Matrix's rules, and can keep track of umpteen different things going on at once. The slow-motion gives us the time to notice things, just like in every FPS since Max Payne.
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It does, however, give the audience time to linger over actions that would pass too quickly at full speed, so the moment seems more vivid, like the scene in hundreds of movies where a major character is shot, then falls down in slow motion.
The reason it works in this scene is that it drags us along with Neo and Trinity, who have the power to bend the Matrix's rules, and can keep track of umpteen different things going on at once. The slow-motion gives us the time to notice things, just like in every FPS since Max Payne.