Yeah but that's not really accurate as the pitch detection will be slower on lower notes than higher. So while down at the lowest notes on the E string probably going to be significantly noticeable if playing fast runs. Up higher on the neck not so much.
Plus...this is a way, way different situation than the typical latency discussion, this is whether one is willing to accept some latency to essentially play a sax or violin. We're already dipping way into the tonal uncanny valley here where the alternative is learning a secondary instrument (if one doesn't play keyboards).
From a physics perspective, there will always be latency in a pitch detection situation. The only way around it is to try and guess at the pitch which results in more errors or use something other than pitch detection where sensors are built into the neck/frets.
