Ilbranteloth
Explorer
Bullets are kind of ridiculously fast, so I'm not sure that's a fair comparison. A better comparison would be with a baseball. (I'm pretty sure that we're talking about Dispelling the Fireball as it's forming, though - before it's launched.)
I think 'instantaneous' is ridiculously faster than a bullet, or a baseball for that matter. Otherwise I'd just carry around a staff and bat the fireballs away!
I think Tim the Enchanter throws some pretty realistic fireballs.
Ilbranteloth