A few examples that happen regardless of ping:
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Cannon reload reg. You're trying to fire as quickly as you can, and you hold down the button, hear the reload...and it doesn't reload. You have to hold the button down all over again, wasting precious time.
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There have been a few times where the bucket doesn't work. I pull it out and I have to click for 2-3 seconds before it actually gets used. Otherwise I'm clicking and it's not moving at all.
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Getting stuck on every tiny little thing on the sloop, especially the stairs from bottom to top.
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Not grabbing items when they're easily within view and grabbing distance. I feel like I have to hit the button 2-3 times when it's right in front of me sometimes. It honestly feels like this game can't keep up with where the player is looking.
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Repairs blipping on and off. Run up to the hole with wood, hold down the button, and it only repairs for a split second, then stops, and you have to hit it again, sometimes 2-3 times. This happens when you're plenty close to the hole and keep it centered.
By themselves these might not be much, but throw them all together in a PvP match and it feels like death by a thousand cuts.