The Starlink satellites are in a very low orbit that decays relatively quickly, and so is only feasible with a large constellation of very cheap nodes that wasn

The Starlink satellites are in a very low orbit that decays relatively quickly, and so is only feasible with a large constellation of very cheap nodes that wasn't possible before. The high latencies are to geostationary communications satellites, which are vastly farther away. Starlink latency should only be 25 - 50 ms.