Chris Webb tries an experiment:
In a late addition to the series of posts that I started here a few months ago, I thought it would be useful to look at how to optimise the performance of a rare (but nonetheless useful) type of merge: the cross join. Cross joins are not available as a join kind in the Table.Join or Table.NestedJoin M functions but there are two ways of creating them in Power Query:
1. Creating a custom column in your query that contains the query that you want to cross join with and then expanding, as Matt Allington describes here
2. Creating a custom column that contains a single value, such as the number 1, on both your queries and then using that column to merge the two queries on (something I mentioned a long time ago here)
Which one gives you the best performance?
Chris has the answer to that question and the tests to prove it.