In more detail:
There are three types of replication :
1. Normal - just general changes to AD. These will propagate within the same site wihtin 15 seconds (default notification period). Inter-site will be governed by the site links.
2. Urgent - such as account lockouts - immediate notification to other DCs in same site. Inter site is still governed by site links.
3. Immediate - this is basically password changes to the PDC emulator. This is immediate both intra and inter site - the site links are ignored. This is necessary as the PDC emulator needs to know all passwords straight away as it used for password referals when logging on.
Have a read of this: http://blogs.technet.com/kenstcyr/archive/2008/07/05/understanding-urgent-replication.aspx