As a player from New Zealand getting 270 without a tunnel, yea the latency is a pain, even more in pvp.

But this game isn't Wow and the Aus/NZ region doesn't have the same player base as Wow to justify an oceanic server. It would be dead on arrival most likely, as all wow had to do was move existing servers to oceanic.

As for saying 300-400 latency is irrelevant, try doing something like titan and not getting knocked off.