What you get in exchange is a stable and predictable competitive game. I, and many others, experienced endless frustration in PUBG due to players warping around corners and shots that were clear hits missing due to CSP. And I'm not one to complain about this kind of thing unnecessarily. It really sucked.
The PUBG people didn't even geolock their servers at all last time I played, so you could be playing with people with 300ms+ ping which is just miserable.
For less successful games maybe you have to increase the maximum ping from 40-60ms to 80-100ms or something but it should be kept as low as possible. The more players per city, the lower you can make the maximum ping.
I realize that this might make it more difficult for people in Australia (or whereever) to find a game but it seems even more wrong to make the experience bad for everyone all the time. And at least when they do find a game it will be a great experience instead of terrible.