Agree, hard and soft waxes are both available as pastes, the runny wax you refer to might be better referred to as a liquid wax. HArder wax is harder to apply and buff (marginally) but durability of protection is longer. I haven't used a hard wax yet.
And to above, I use either a liquid (Chemical Guys Butter Wet Wax) or paste (Dodo Juice Purple Haze) wax on my car (alternate and sometimes layering) and either is done in 30 mins no problem. FI has vids of OCW (spray on) being applied and buffed in under 10 mins...
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