i think what smed has in mind more is like a lan connection and not neccecarilly over a server, if that could be used, then yeah, there would be less ping problems and other such problems and games would run smoother.
anyway, i was trying to fix the analog problems for ages, and then i realized, spending a few bucks for a controller and an adapter is just better, than spending all that time for sloppy analog control. Anyway, it depends on you.