I find it quite humorous when Road Bicyclists talk about speed, cornering, and braking.
Road Bicyclist really knows nothing about cornering and braking at speed. Road Bikes are relatively slow, and they are not really meant to corner at rail, I mean how could you rail when tires are only 23, 25, or 28mm???
You can't really "late brake" with bicycles like you can with motorcycles. What we consider "late braking" for bicycles, is early braking for motorcycles. For motorcycles, real late braking is used only for passing, and it makes you slower (lap wise), because you tend to overshoot the turn and get out of position from the ideal line, so you come on the gas later.