bit off topic maybe, but i assume most data transfer from uk to the states goes via satalite, wont this cause latency issues considering you'll have to be located either in europe or the US so will have to jump that bit stretch of water one way or the other
I believe most data actually does via fiber across that bit of water!!
but apart from that your post is correct, one way or other you have to compromise, but NY is really the best because it's on the right side of america for Europe but also not too far from most of America.
If you wanted the compromise the otherway another good choice would be London.