Implementation of proportional-integral controllers in synchronous reference frame is a well-established current control solution for electric machines. Nevertheless, their gain selection is still regarded to be poorly reported, particularly in relation to the influence of the computation and modulation delay. To fill this gap, a design procedure to set the maximum gains for an acceptable damped response, with the delay being considered, has been recently proposed. In contrast, this paper presents a simple rule of thumb to achieve nearly the minimum settling time in combination with negligible overshoot for reference changes. This conclusion is theoretically demonstrated by the analysis of root locus diagrams and of overshoot versus settling time trajectories for sweeps of gain values. The design approaches aimed at gain maximization and the one developed here are compared, revealing that the latter provides shorter settling time and much lower overshoot in the command tracking response, while allowing greater stability margins. On the other hand, the proposed tuning method leads to a worse disturbance rejection, but by including an active resistance with enhanced pole/zero cancellation as a second degree of freedom, both design procedures attain comparable and optimized attenuation of disturbances. Matching simulation and experimental results validate the theoretical study.