I recently tried the PS4's remote play functionality. My friend in another city was able to play my bloodborne, which is a very timing-sensitive game, perfectly

I recently tried the PS4's remote play functionality. My friend in another city was able to play my bloodborne, which is a very timing-sensitive game, perfectly fine. A few weeks ago my cousin ran games at 1080p on an EC2 GPU instance and used Steam's In-Home Streaming to play remotely and it worked perfectly fine. I think the latency is now there, if you have a fast connection and live relatively close to the datacenter.