> and the scheduling latency on the client side.You might be surprised by how many PCs already have PTP capable NICs. I think it's standard on Intel's network chipsets. On Linux, just look for /dev/ptp0
However, PTP support is far from standard on network switches; and it doesn't work over wifi, or with USB-to-ethernet converters. So for sure plenty of clients can't use it.
> Will I be able to notice this improvement with the right tools?
If you're a precision timing aficionado? Possibly!
Just set up two devices with ethernet and GPIO pins, one that takes in a GPS 1PPS signal and acts as a PTP server, then a second that acts as a PTP client and outputs 1PPS.
Then connect your two 1PPS signals to the two inputs of an oscilloscope, trigger on one and watch how much the other is off by.
Make sure the PTP client is downloading big files, under heavy CPU load and suchlike, so you can see the effects of those.