My Galaxy Nexus lags like crazy on stock (verizon version) but with Paranoid Android, CM 10.1 and Project Elite, it is smoother than a short bus on a cloud. The Nexus 7 (stock, unlocked, rooted) I have does experience lag for about the first 2 minutes after a restart and the first 5 seconds after an unlock, after that it's good. It's like it's sleeping and feeling a little groggy, but quickly puts on it's R2D2 game face and gets to work. We're not getting the hyper-drive to work with a tired, cranky bubble bot, ALL HANDS ON DECK!
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What if you point... THREE fingers?