> Given enough bandwidth and reasonable latency, you expect the experience to mirror youtube or netflix, but plex is not even close.
The funny thing about people is that they say things like this without considering that their own setups are to blame. YouTube is ran by servers outside of your control with content delivery mechanisms caching popular videos in a datacenter SSD near you. I run my Plex server on a relatively old Intel NUC in a docker container with the storage mounted over NFS from a 4 year old Synology NAS. I'm typing this message with another window open on my Plex server which I had skipping around a video with near instant playback when I move the play head (even outside of the reported buffered zones.)
Your ISP's allowed upload speed also becomes a factor once you leave your LAN, and in America, most people's upload speeds are much slower.
The hardware of your server, the hardware of your client, the supported codecs of your client, your WAN upload speed, your client's download speed all become factors here. And another thing YouTube does is re-encode videos that are uploaded to commonly supported types to allow for quick and direct playback on client devices. Most people just take whatever movie they downloaded from ThePirateBay and act shocked when they need to transcode the video.