I made a few tests with lab js in one of the sites I've developed and got a reduction of 200ms in the page load time. The total time spent now after backend processing is around 1.5 seconds.
I was wandering if its worth the trouble. Is 200ms a huge gain? A ridiculous one? I know that page load times affect page ranking, but 200ms will make such a big difference?
An absolute 200ms gain is not a huge gain IMHO.
But... If you spend several days optimizing and each day you manage to gain 200ms, it will become significant.
What you should ask yourself is: when I open my page, do I feel like clicking away or not? As if you were a clicking-away caffeinated monkey I mean.
If you feel like staying, then don't optimize. If you feel you saw too many microseconds of empty-white-page before the page loaded, then continue optimizing.
Quoting Milliseconds are Money: How Much Performance Matters in the Cloud:
I think this answers your question.