Doesn HTTP pipelining already solve the latency problem?
No. While pipelining does allow for multiple requests to be sent in parallel over a single TCP stream, it is still but a single stream. Any delays in the processing of anything in the stream (either a long request at the head-of-line or packet loss) will delay the entire stream. Pipelining has proven difficult to deploy, and because of this remains disabled by default in all of the major browsers.