Latency is a problem when you're waiting for keystrokes or weapons fire to be transmitted 'twixt server and client, but it is a total non-issue while watching streaming video with a buffer measured in minutes.
Mod parent up.. If streaming video is the necessity, 50ms or 300ms don't really make a difference when buffering.
... when fits of creativity run strong, more than one programmer or writer has been known to abandon the desktop for the more spacious floor. -- Fred Brooks