I worked for a while at a company which did this and, while it worked, everything was slightly worse (for me as a programmer -- I'm sure support was much easier

I worked for a while at a company which did this and, while it worked, everything was slightly worse (for me as a programmer -- I'm sure support was much easier). Noticeable latency while doing normal things like scrolling through code or switching windows. Every so often there would be a latency spike which, because it happened infrequently but unpredictably, was surprisingly disconcerting. I ended up having to retrain myself to use "low bandwidth" actions, like pgup/pgdn rather than using a scrollwheel. I don't think it significantly impacted my performance, but I often found myself wishing I had a local desktop.