When you're typing stuff in, there's a column of characters to be selected on the right side of the display and as you type things in, it narrows down the final selections on the left side. As it's doing the narrow-down (and expanding outward geographically, if you're typing in a business name) is when it has the slight hangs. But since it narrows down the selections as you type things in, you seldom have to type more than about 5 characters before your choice is easily selectable on the left side.

The only other problem I can think of in respect to that sort of thing is that you have to enter the city you're interested in every time you search for an address. It ought to have a default you can set, but it doesn't, and selecting "North Carolina" and typing "Raleigh" every time gets a little old.