This is the most complex technique and requires sophisticated search algorithms when checking for a hit. It can lead to the whole cache being slowed down because of this, but it offers the best theoretical hit ratio since there are so many options for caching any memory address. However, the larger the cache, the less of an impact associatively has upon hit rate. Given the same latencies, the more associative a cache is, generally the higher the hit rate and better performance received. However, the larger the cache, the more difficult it is to get it to reach both high clock speeds and low latencies.
Clock speed is very important in terms of bandwidth, and latencies and bandwidth go hand in hand.
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