In digital receivers, at the RF level (not audio), I often read about "slow AGC" and "fast AGC", and sometimes even "medium AGC" (but I think the latter is for audio). From my understanding, the slow AGC reacts to changes in noise level and variations in signal level over a relatively long period of time (fading for example). And from what I understand, the fast AGC is used more on symbol level, trying to keep them at a relatively stable power level, but not too fast so that amplitude-dependent symbols would not be affected (like M-QAM or M-PSK with M > 4).
Is there more to it? Also, would the "medium AGC" have any use in the RF chain?