What you’re talking about is a speed or emergency reload, not a tactical reload. A tactical reload is when you have a pause in shooting and still have a round in the chamber and are “topping off” your gun by grabbing a full magazine and swapping it at the gun with a partially-used magazine. This ensures the gun is at full capacity in the event your gunfight continues. The used magazine is retained for later use. A speed reload is where you have a round in the chamber but dump the magazine and let it fall free, not retaining it, and insert a fresh magazine to top off the gun faster than you could with a tactical reload. An emergency reload is when your gun runs dry and you do a normal mag reload. Speed reload terminology is often used interchangeably, and often times people will clump both together speed and emergency terms and just call it a speed reload. This simplifies it so that a mag retained is “tactical”, and mag left to drop free is “speed”. It’s arguing minutiae, but the point is, what you’re referring to is not a tactical reload. But you should practice those too.
Yes, you’re losing time in stripping the magazine. That doesn’t need to be done unless it is actually needed due to a sticking magazine. The instant that you go dry, you should be multi-tasking your hands. Strong hand ejects the magazine while the weak hand immediately goes to the spare magazine. Based on your timing, you should be grabbing your reload mag while ejecting the old mag from the gun. The way we explain it to students in the police academy, we ideally want the mags passing each other in mid air.
Your magazine reload location is relevant, as is the type of magazine pouch. Open-top pouches are faster than pouches with flaps, and different pouches have different levels of retention or the ability to adjust retention pressure. The orientation of the magazine can be a factor depending on how you grab it, which is affected by the way the mag pouch is oriented and where on the body it’s affixed. A lot of factors can affect how fast and efficient you can pull the magazine from the pouch. This is something that can be overcome by training, but through your training you’re going to fine-tune your setup until you find what works best.
Overhanding the slide to release it does take longer than just dropping the slide using the slide lock lever. You can check this by using a shot timer, but in the police academy, we put students on the clock and show them the difference. The reload procedure should be that as you insert the fresh magazine, you then move your weak hand to regrip the gun and push the gun forward back on target. At the same time as you are regripping, you are dropping the slide using the lever. Compare that to inserting the magazine, then reaching over the top of the slide, pulling it back and releasing, and then moving down to regrip. When you do the overhand method, you are adding 2-3 extra movements. Added movement means added time.
Overhanding is functional, but it’s not necessary unless you have a medical (i.e. arthritis) or mechanical (broken lever) reason for not using the slide lock lever. The lever is faster, as it’s more efficient. If you just prefer to run your gun that way, then that’s okay too and practice will help you get faster. Just know that there is no benefit to running the overhand method. The main reason why the overhand method has been pushed in the past is the false belief that people can’t use their thumbs under stress, but magically could still use their trigger fingers.
The ultimate factor is REPETITIONS. Nothing is going to magically come. You just need time and repetitions. Time adds up to produce results, but every time you change something, you reset backward to a certain level as you have to relearn a new methodology. What you are really doing is developing neural pathways. It’s called automaticity, and also known as repetitive task transference. More colloquially, it’s called “muscle memory”. You have to condition your brain to make your body move efficiently and quickly, and that comes with time. Basically, just keep at it with the practice.