I've been suffering far worse latency, making Rift well-nigh impossible to play.
Yesterday, during an expert run it spiked up to 48000ms and today, whilst I was questing, it held at 72000ms for a period of time. I've been experiencing intermittent spikes of a few thousand ms and been randomly disconnected over and over, too.
I play in the Oceanic region with a normal latency of between 200ms and 250ms.
At first, I thought it was the fault of my modem, but I bought a new one a few days ago and there's been zero improvement.
My ISP reports that there are no problems on their end. My connection is strong during these latency periods. I can alt-tab away from Rift and access webpages in my browser during these spikes.
I've never had any problems like this playing WoW, GW2, The Secret World and a variety of other MMOs.
My connection has been steady and without problems since I started playing Rift when it launched. This issue of massive latency and disconnects only started shortly after patch 2.2 and has become worse ever since.