Fast zombies worked really well in 28 Days Later, but those were people infected with a virus causing them to experience all-consuming rage at a whole new level, and not really reanimated corpses.
Fast zombies were shit in the remake of Dawn of the Dead, for example.
They worked in Left 4 Dead, however, but the frantic panic you feel when thousands of infected rushing towards you, hungry for your delicious flesh, is a very different fear from the opressive dread that you feel when hordes of stumbling, infectious dead are taking your barricades and boarded up windows apart one plank at a time, something I have yet to see in a game.