... oh well, if it is on the internet, it
must be true!
Try:
http://en.wikipedia.org/wiki/Speed_of_electricity
... for an overview.
We can put a pulse of electricity in one end of a wire - and have a bit of a wait before it reaches the other end - usually quite degraded. This is a serious issue in the design of computers - where there is a measurable performance advantage in having the components nanometers apart in a microcircuit.
The exact speed of an electrical signal through a conductor depends on quite a lot - it is usually substantially slower than light (60% in coax). If we want to split hairs - electromagnetic waves can travel at exactly the speed of light - that is what light
is (sort of).
The answer to your original question though is "no" - the comparison of electricity to a row of billiard balls is just an
analogy - the point is to illustrate without actually explaining how the light comes on right away to flip the switch even though it takes the actual electrons quite a long time to get there. There is no reason to believe that the mechanical processes in the balls will yield anything like the totally different electromagnetic processes in the wire just like you would not expect a carriage drawn by a 50hp diesel engine to work anything like a carriage drawn by 50 horses.