Based on microstats, I went from 32 seconds to 5 seconds with this one change (caching was turned off at the time). I saw a similar improvement when I did this with older boards. It will definitely depend on the number of times the code loops through that call -- so if you have more subscribed forums, or forums with more content, it will help more.
Others are definitely invited to post their measurements here. I'd be interested in how much it helps in other situations.
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