The meaning of lag is notoriously varied--I think GP understood it as a consistent delay, and you and GGP are saying that OBS introduces an inconsistent delay,

The meaning of lag is notoriously varied--I think GP understood it as a consistent delay, and you and GGP are saying that OBS introduces an inconsistent delay, i.e., dropped frames or stuttering. The one using the virtual camera should be able to diagnose through the stats 'Frames missed due to rendering lag', 'Skipped frames due to encoding lag', and 'Dropped Frames (Network)', unless the virtual camera driver is somehow the culprit. Or does one of you mean that even the constant delay is significant enough to be noticed on top of the video call latency? I just realized that I don't know how the missed/skipped counters are actually defined--presumably frames are skipped for encoding if the encoder can't keep up with the framerate and missed for encoding if if any other part of the pipeline preceding it cannot.