I have heard people talking that the the more damage a group deals the more severe lag they get. From my own experience good groups indeed cause more lag than bad pugs.
However I suspect the lag is caused by calculations, not the amount of damage.
Example 1. Barbarian with ESoS. Extreme strength, extreme damage.
Example 2. Monk with Icy Burst Shocking Burst Greater Bane Handwraps, Holy Burst enchanted ToD rings, Tharne's Goggles, Epic Red Dragon Robe, stances, high attack speed, etc.
The monk from second example does not necessary add more to the DPS but his actions require more calculations.
Of course I have no hard data to prove the point only speculations. Would be nice to know if there is some truth in my suspicions.