For us, latency means the time between when the _event_ actually occurs in real life (user clicks on a button) and when it showed up in all of our analytics integrations (Mixpanel, Intercom, etc.). As developers, this is the definition of "latency" that really matters for us because it represents the minimum time before we can take action on our users' behaviors.
The reason I'm very skeptical is because what we were actually seeing was orders-of-magnitude differences from the 44 ms "latency" claimed on your status graph and what we were measuring ourselves (~1-10 hours for us) -- not just 10% differences which would have been more than acceptable for our use case.
For example, Intercom support were able to identify a four hour delay from when the /identify actually took place and when Segment sent the event to Intercom. Segment Support then mentioned a race condition with their Intercom integration that they had yet to solve (we ran into this ourselves -- we had to guarantee we called /identify BEFORE calling any /track calls).
With Mixpanel, not only were we experiencing multi-hour delays, we also experienced many nonsensically mis-ordered events when using Segment (even with timestamping -- it turned out that Mixpanel still relied on events being ordered properly within a 2-minute window -- something we were only able to guarantee by directly sending events to Mixpanel ourselves).
Segment's response: "Our infrastructure is built on top of a queue system that accommodates high scalability. The drawback to this is that sometimes events are received by our API in a mixed up order because we have multiple queues feeding events to multiple workers."
These problems were all resolved immediately when we started issuing direct calls to our various analytics providers.