Once again, I'm reading a thread with a specific question and some of the answers that would otherwise backup the OP's original point are not relevant because:
1) you're using an unsupported handset (e.g. 822, 920)
2) you're on a redstone insider build
Can we please keep this thread on the topic as stated in the OP?
For example:
my 3 year old 1320 on last build 338 runs so well, the battery seems to be the best ever, and normally it hangs once or twice per day on build 318, but so far so good, no more hot issue, no hangs whatsoever. Let's see how long it lasts without a hiccup.
The 1320 is not officially supported on Windows 10. As harsh as this will sound, while your phone may be working nicely, any problems or good performance can't be considered relevant to the conversation.
Also:
The option to change to basic feedback is not available anymore in the latest Redstone builds.
It won't be - if you're on redstone you're on an insider build and you agree to more data collection by Microsoft to assist with QA testing.
Also, the OP specifically asked about people on
production builds, you're using insider builds. Again, your comments are therefore not relevant to the OP's original point.
See? What on earth is going on? I knew I wasn't the only one.
You're replying to someone who is clearly on an insider build (redstone) but you specifically asked people for comments regarding the current production build - I don't see how you can take speccy's comment on board as applying to the problem you have described when he's on an insider build.
Back to the original question:
Is 10586.318 not the latest production build?
That's what I have on my 950 that is on production. .338 is still pre-release, I see that you're updating to it now even though it's still not a production release.
I've only had my 950 for 4 weeks but so far haven't had any signs of slowdown or general worsening in performance in the 3 weeks since .318 was released. I have other issues with specific apps (poor camera focus at night, shazam) but general performance has not changed.
That's not to say that you're 735 should therefore be OK, it's a different handset with different internals so I can believe that you may be having a problem. However, to answer your original question, in my case on my 950, I'm experiencing no such issues.