Google's documentation states that there is a 25 quota unit rate limit per user per second:
https://developers.google.com/gmail/api/v1/reference/quota
My use case for the Gmail API requires downloading a user's entire mailbox and it appears that use case may not be feasible given these quotas. Downloading 10,000 messages would take roughly 33 minutes.
However, that link also states that the limit is a moving average and suggests that it can be exceeded in small bursts. Can that limit be exceeded significantly enough to meet my use case?