Latency

Latency, also known as lag and ping, is the time and delay between client-server requests, usually measured in milliseconds.

Guild Wars has a performance monitor that graphically shows the quality of the user's Internet connection as reported by the ping times to the Guild Wars server. NCsoft states that the performance monitor is not an accurate measurement of the latency of your connection.

Specifically, the Official PlayNC Knowledgebase only addresses latency with regards to how latency can affect achieving the Survivor title. While death by latency causing adverse in-game effects is not limited to pursuit of the Survivor title, and other effects including loss of Morale Boosts, there is nothing built into the game to reduce the lag penalty.