Yes ^^^.
Don't expect/try to use the BFM Halo Racing servers as your benchmark!
I get times of jumpiness too, as do we all! (It would likely happen LESS when/if you're in close physical proximity to the server's location, but it's hard to say how much....)
'Best thing to do is to find a buddy with Halo nearby, and have you each host a game-client server for the other to join and check it out both ways. (This involves a bit of firewall/router tweaking, so check the FAQs about how to do that...,)
If you get "lag"/jumpiness in that situation, then it's either your basic Internet connection (dropped packets would NOT show up via your pings...), or your machine.