My connection point is about 1.5 miles away. I get about 4-6ms latency on my end device. That's going through my router, wireless access point, to my device.

and it's also very consistent. It's not dealing with the million redirects and other traffic that going through the phone line or cable line will have.

In very heavy rain and hind wind, my direct TV dish was out at the start of the storm, my internet p2p connection never lost signal, didn't even slow down.

Often very low. Urban 24Ghz/60Ghz point to point connections are usually 2ms or less per hop.

My house (rural small town) is 4x5Ghz & 1x11Ghz hops away from my datacenter and I get ~15-20ms ping times to Google, League of Legends, etc). At various times I've had Frontier VDSL2 and Charter DOCSIS and both had higher latency.

Yeah, wireless is super fast, satellite is the one with latency (and usually then due to dial-up uplink and just the distance of the sats). Most p2p links are under 50 miles, and in this case probably under 5 miles. The latency from the wireless link will be a negligible (for those not in HFT) overhead on the order of a few ms.