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Only if all you care about is that 10Gbit is a lot of throughput, and latencies don't bother your application.

If a 10Gbit network is being used precisely because 1Gbit didn't have sufficiently low latency, then it matters.

But more than that, the encoding used in 10GBASE-T doesn't allow decoding individual bytes. For the usual copper standard, it's 4 pairs with 7 bits per symbol, and the skew between lanes means you can't count on corresponding symbols arriving at the same time. And then there's a reed-solomon block code to correct errors, which has to be decoded all at once. The optical standards use 64b/66b coding, which means you receive blocks of 66 bits and decode 64 out of them (which prevents having too many zeros in a row which can disrupt timing.)

No one who cares about latency even has 10GBASE-T hardware, because it introduces a vast amount of coding latency. It is also very power inefficient.

Right, it's probably even "chatty", too and "won't scale".

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