First, read this.
http://www.crucial.com/usa/en/memory-performance-speed-latency
"Which is more important: speed or latency?
Based on in-depth engineering analysis and extensive testing in the Crucial Performance Lab, the answer to this classic question is speed. In general, as speeds have increased, true latencies have remained approximately the same, meaning faster speeds enable you to achieve a higher level of performance. True latencies haven't necessarily increased, just CAS latencies. And CL ratings are an inaccurate, and often misleading, indicator of true latency (and memory) performance." - Crucial.com