Quote from dcvtss:
You guys do know that ISP's separate ICMP traffic using COS/QOS and give it a low priority? I wouldn't count on it for much more than a very rough estimate.
Yes I know and I agree with you. For example, a ping result could easily show that NYC is closer to the exchanges than say Denver.
Most of the latency times I know or report are across private IPs so there is no internet involved.