MATLAB - best way to dynamically update a line handles' XData and YData?

Question

I am collecting data and plotting that data in real time. The data are produced by a motion capture system. I have one class DynamicDataset that is just a wrapper around a 2-column matrix (although it's more nuanced than that) with an event notifier for new data added; another class DynamicPlotter that listens for the data-added event and updates the plot dynamically. Appropriate code snippets:

classdef DynamicDataset < handle
    properties
        newestData = [];
        data = []
    end
    events
        DataAdded
    end
    methods
        function append(obj, val)
            obj.data(end+1,:) = val;
            obj.newestData = val;
            notify(obj, 'DataAdded');
        end
    end
end

classdef DynamicPlotter < dynamicprops
    properties
        FH %# figure handle
        AH %# axes handle
        LH %# array of line handles - may have multiple lines on the plot

        dynProps = {} %# cell array of dynamic property names - 
                      %# use to access individual datasets
    end
    methods
        function obj = DynamicPlotter(props) %# props is a cell array of dynamic 
                                             %# properties to store information
            for i = 1:length(props) 
                addprop(obj, props{i});
                obj.(props{i}) = DynamicDataset;
                obj.dynProps = [obj.dynProps props{i}];

                addlistener(obj.(props{i}), 'DataAdded', @obj.updatePlot(i));
            end
            obj.createBlankPlot();
        end

        function createBlankPlot(obj)
            obj.FH = figure;
            obj.AH = axes;

            hold all;

            for i = 1:length(obj.dynProps)
                obj.LH(i) = plot(nan); %# only used to produce a line handle
                    set(obj.LH(i), 'XData', [], 'YData', []);
            end
        end

        function updatePlot(obj, propNum)
            X = get(obj.LH(propNum), 'XData');
            Y = get(obj.LH(propNum), 'YData');

            X(end+1) = obj.(dynProps{propNum}).newestData(1);
            Y(end+1) = obj.(dynProps{propNum}).newestData(2);

            set(obj.LH(propNum), 'XData', X, 'YData', Y);
        end
    end
end

Based on the MATLAB Code Profile, the set command in updatePlot() is rather expensive. I am wondering if there is a better way to plot individual points as they come? Ideally I would push the single point into XData and YData and draw that point only, but I don't know if this is possible.

Please note that there may be multiple lineseries objects (i.e., multiple graphs on the same plot); plot() takes an axes handle as an argument, so it wouldn't consider the properties of the previously drawn line handles (or is there a way to make it do so?); I thought of just doing plot(x,y);hold all; but that would give me separate line handles every time, each corresponding to a single point.

It might be that there's no way to make plotting incoming points any faster, but I figured I'd ask.

EDIT: Updated OP with actual code I'm working with, rather than using a generic example that's up for misinterpretation.