> even though you won't see the action for up to 16.67 milliseconds later

Note that this is only the case if you have vsync enabled. Without vsync you will see the action (or some reaction anyway) +2ms later instead of +16.67ms, just not the full frame. This will manifest as screen tearing though if the screen changes are big - though it is up to personal preference if it bothers you or not.

Personally i always disable vsync even my high refresh rate monitor as i like having the fastest feedback possible (i do not even run a desktop compositor because of that) and i do not mind screen tearing (though tearing is much less visible with a high refresh monitor than a 60Hz one).