I shot a strobe portrait today, with the H2 set at 200 delay. It is truly weird, like the camera is broken or something. Or, at first glance, I thought the H2 had some "rear curtain" setting or something, so that the strobe fired at the end of the shutter release. There was such a delay in the firing of the strobe head, I damn near could have pressed the shutter from behind the camera, then run around and gotten in the picture, by the time the shutter fired. (Kinda like Mamiya).
When you are shooting strobe, you are clearly reminded of the delay factor that you have set.
My recommendation now, (along with everyone else's, it seems) is to set the body at 50ms delay. At 200, it reminds you of those old USA-to-Europe phone calls, where there'd be that massive delay in the voice signal, and you'd end up talking over the person on the other end of the phone.