You can also remap it to multiple keys. My preference is `jk`, since that letter combination is rarely used, still on home row, and can be typed about as fast as a single key. Useful, since it's a common action I take.
I go for jj since it removes the mental overhead. Often I'm just pawing through the code from top to bottom and in either normal or insert mode I just start hammering at jj and I start moving.