Besides not having any notable lag, the app lets the user perform the same gestures as you can do on Apple’s Magic Trackpad.
I’ve tried many similar apps before, but none of them worked as well as El Trackpad. This new app turns your device into a real Mac trackpad with support for multitouch gestures including scrolling, zooming, and more. There are multiple apps on the App Store that let you control the cursor of a Mac from your iPhone or iPad, but I don’t remember using any like El Trackpad.