Ping uses the ICMP protocol, and has nothing to do with TCP, which the game uses.

This is a total farse.

I'm an IT Director in charge of a worldwide company in multiple locations involving T1's, VPN's, Websites, Web Services, etc and I can assure you that this does not do a thing for latency or connection reliablility.

You're better off messing with your TCP settings (MTU, TTL, etc) to get a better ping, although even that is not going to yield much result as it once did with Win 9x machines, which weren't designed with high speed in mind. XP and Vista handle high speed connections much more efficiently.