Programming (for me) is a craft. When I'm in the flow of coding, there's a conversation between me and my program, mediated through the editor (and my REPL). Even a subtle typing lag is enough to subtly disrupt that flow state – the speed of thought and text no longer coincide, and that slight, almost subliminal perception of delay build into a sense of frustration and just being out of sync with my program.
It's a problem that's most noticeable in its absence. Like when you go to the gym for the first time in a while and realize "oh, yeah, this feeling is what I've been missing", switching from Atom back to Sublime feels... right, refreshing.
For a great analysis of typing latency, and why it's important, see: https://pavelfatin.com/typing-with-pleasure/
(I am happy Atom is still moving forwards, though, and eagerly await the day I can switch fully from Sublime. Easy modification of ones own tools is another big component of my personal programmer-as-craftsman ideal.)