And still fine on my own iPad 2. Sure, it's a bit less responsive than I'd like, but no worse than iOS 8 and it's perfectly stable. It remains the main 'buddy' that sits by my armchair, used for browsing, email, maps, the odd game, tracking friends' locations (yes spooky), etc etc.
And our iPad Mini (64 bit CPU, Retina display), which was never that stable with iOS 8, has been a model of perfection since iOS 9. Also OK on my iPhone 5C, which is now relatively old hardware although better half has just got a 6S, and that's certainly a lot snappier and more responsive in side-by-side comparison.
For the iPad 2 issues, I'm doubtful of the 'insufficient RAM' theory, else how come plenty of iPad 2s (mine included) are happy with iOS 9? And yet others are clearly not, I remain baffled.