It's not instantaneous like every other key, though.
Quote:
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The Caps Lock function has been modified to reduce accidental activation. The key must now be held down slightly longer in order to activate the Caps Lock function.
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Apple Keyboard (2007): Caps Lock modified to reduce accidental activation
I can appreciate that some people have trouble with it, but to not make it something that can be disengaged has effected the speed at which I can type.