The latency DOES exist and it DOES need addressing quickly.
If you're the single guitar player in a live band you will notice it and if you don't you need to pay more attention.
In my application when using the harmonizer on/off per rig it makes it even worse.
I'm very much hoping CK & crew will be concentrating on fixing the niggly things like this with a soon upcoming
FW update OVER adding more features first.