Here's the deal. Instagram, Pinterest or SnapChat probably never considered about the time it takes for an iphone generation X to perform. They didn't design for it, they designed what the user needed and wanted.
I would say millisecond snapness isnt perceived by lets say 98% of the users of these systems. Focus on the application. Whats missing in mobile ? Facebook and Twitter are missing the picture. Focus on that guys, you are smart, but put energy on the big problems and not some low level hardware/software layer.