The Wasteland Legends is even worse, when I host, it sits there trying to load for at least a few minutes and then my co-op partner automatically disconnects, every time.
When I join someone else's game, enemies are freezing in place, then they catch up and have already hit me without me being able to see their jump animation and kills register 10 seconds or so after firing (especially noticeable with the assault rifle).
I'm playing on a 10mbit connection, DMZ to the ps3 with a static ip and it's for all intents and purposes unplayable.
Please fix this mess.
RAGE seems like a gap filler before Skyrim, knowing Bethesda and their bug fixing capabilities they won't do anything for months.

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. Looks like it's working again.