The legal environment could be cleared up, if nations had some motivation to do the negotiating and paperwork. Latency would matter less if lots of servers were all hosted there :) And as for power, there's no NIBMYs to complain about nuclear power down there!
latency matters if your users are all spread over the country, at the speed of light it takes at least 47.33 ms, I just went to speed test and my ping was 16 ms for a server 20-30 miles away. so you could use Antarctica for mass data storage or processing. so it would work for archiving
