Poor touchpad precision with libinput

[skiwarz]

I have two different laptops, both with the same touchpad issue. One has a "Elan Touchpad" and the other a "SynPS/2 Synaptics TouchPad" (That info collected from "xinput list"). When I use the libinput driver for X, small mouse movements are very imprecise. Moving the mouse cursor a few pixels, such as when positioning it to select specific characters in a document, is noticeably annoying and sometimes takes a few attempts to get the position just right.
The synaptics driver, on the other hand, is very smooth. The cursor is stable, flows where I want it to accurately, and is overall just precise.
The best example I can give is what I remember from windows xp/vista/7 - in the mouse settings, selecting "Enhance pointer precision" on or off is pretty close to the difference between synaptics and libinput, respectively.

So, I have two questions:
1. Does anyone else notice similar behavior?
2. Is there any way to improve the precision of the libinput driver?

Here's what I have specified in my xorg.conf.d (though the behavior is the same if I don't have anything):