You are sort of comparing apples to oranges. Like consider a beefy gaming computer, but the mouse is some junk with an input latency of 10ms. Can this computer do 144fps? It most certainly can. Despite the input latency, 144 frames are rendered every second, and 144 frames are displayed on the monitor every second. Movement and animations will be butter smooth. For the player the latency is frustrating but consider the friend looking over his shoulder. He can't tell. All he knows is that there are in fact 144 frames per second.

So you gotta ask yourself, well when does this make sense? Does it make sense in a twitch shooter? It doesn't. Does it make sense in a popular mmorpg that runs with a tickrate of 600ms? Yes. Does it make sense in a RTS? Probably, except at maybe the highest levels. Does it make sense in a train simulator? Yes.