The problem with the Aussie server's is that it traces back to Singapore and it's no where near AUS.
I get 250~ ms pings...
US West I get 130~160ms. ...
The Aussie servers need to actually be in Australia or on the West Coast. We should petition this. The problem is seen when you do a trace route - first it goes to the U.S THEN back to Singapore which is utterly mind blowing consdering the distances between Aus -> US Aus -> Singapore - but that is a different gripe :) But I do agree with you - the lag is becoming a huge problem.