(1) TestUFO and Blur Busters servers are located in Chicago because of the North America wide traffic patterns. In addition Blur Busters and TestUFO main site uses a CDN to lower site-load latency wordwide.
Thus both TestUFO is on an upgraded (paid) CloudFare CDN, now capable of handling DDoS-league surge traffic, so it is generally reasonably fast worldwide now. Since this upgrade, TestUFO can handle tens of thousands of simultaneous users.
Mind you, about 15% of TestUFO traffic now come from China / Taiwan / Hong Kong -- manufacturers there seem to be more eager than North American companies to keep up with the refresh rate race to retina refresh rates. Many monitor manufacturers are headquartered in Taiwan (like ASUS and ViewSonic) and they also often outsource to mainland vendors for various portions of the manufacturing chain.
(2) That said, there is NO EFFECT in accuracy of TestUFO motion tests due to Internet latency because tests only begin after all assets are loaded -- even TestUFO continues running offline after you cache it. (1. Load TestUFO, 2. Select all tests you want to run offline, 3. Unplug WiFi or Ethernet, 4. Then all cached TestUFO tests works offline until you leave TestUFO or close the browser). Offline TestUFO is also handy for situations such as testing TVs in a Best Buy by plugging your laptop into the various HDMI inputs.