Is ping lower on reduced SBMM playlists on Black Ops 7?

With the arrival of the open beta period for Call of Duty: Black Ops 7, there’s a curious detail which has emerged from players.

There’s a pair of new “Open” playlists added, one Moshpit, one Search and Destroy, which reduce the impact of Skill Based Matchmaking (SBMM). Thoughts on whether this is good or bad aside, folks have been saying their ping (server latency on the in-game overlay) is lower in this playlist than the regular one.