This seems a little ridiculous. I mean, I think (more like "hope" lol) I understood most of what Goat said, but you're telling me that Sony/Zipper decided NOT to give any advantage to a player with a fast connection, and instead tried to level the playing field for the poor schmuck with Dial-up?
From what I know about a few other games (In Counter-Strike, for example), gameplay seems to improve SIGNIFICANTLY due to the speed of your OWN connection (also to the server that you play in, but that's another story). So why didn't they just go with what worked and call it a day?