I believe find -exec forks and execs once for every file found, xargs may only fork and exec once, provided that all of the files find finds fit in a single command line. Hopefully not an issue in this case, but it can greatly speed up a deletion when you have a lot of files to find and delete.
[EDIT] Doesn't properly handle spaces in filenames, see the comments below for other slick solutions.
Technically, your solution does not work with files whose name contain a space or newline. A working solution is either to do '-print0' in find and '-0' in xargs, or to just use '-delete' instead of the -exec. It is also possible to use '+' instead of ';' with '-exec' to say "fork as few times as possible", ie pack the largest list of arguments to rm you can. But '-delete', when supported, won't even fork/exec.
I'm a little bummed to find that this doesn't work on Solaris either (just checked). I don't generally use spaces in paths, but it's probably about half luck that I haven't been bitten by this yet. And sadly, I can't always just put GNU findutils on.
find . -name "*.swp" | xargs rm
I believe find -exec forks and execs once for every file found, xargs may only fork and exec once, provided that all of the files find finds fit in a single command line. Hopefully not an issue in this case, but it can greatly speed up a deletion when you have a lot of files to find and delete.
[EDIT] Doesn't properly handle spaces in filenames, see the comments below for other slick solutions.