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You are confusing latency with throughput.

If you are downloading 1MB of data the difference in delivery between the two speeds (42mbps vs. 72mbps) is 80ms (190ms vs 111ms) Hardly life-changing.

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Latency is actually quite a bit better with LTE. That said, I moved from T-Mobile HSPA+ to Verizon LTE and it wasn't earth shattering. Both pretty much feel like WiFi and I agree with Google that it's not worth compromising several other aspects of a phone just to get LTE.

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