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The answer is NO.
My point is that there is no reason to have a high ranking website if it is so slow that nobody would have the patience to browse it.
Ask your host to move you to a new server or find a new host.
However, based on Google's overall philosophy, I think at minimum it would cause Googlebot to more slowly crawl your site so as not to cause as much of a disturbance. If it's a small site, that's no big deal. If large, it could take painfully long to have a full pass.
This database call takes about 30-40 seconds...google has indexed it and done deep crawls on the links which were 3 levels deep.
However google did this in 100k chuncks...in other words the pages was like 250k but only the first 100k was indexed..I tested this when saw the cached index page on google and tried to do a search on product sku number cached in the first 100k (which displayed my index page) and a product sku number after the first 100k which did not show up when searched..so I just did 100k chucks every 2-3 weeks.