No I am pretty sure it doesn't, and if it did it wouldn't be noticable. The main reason is that with or without NAT, the PIX performs the same steps. It always checks the translation rules first (even with nat 0), then it checks the permissions (i.e. if there is an access-list and if the packet passes). The PIX ASA always checks translation rules first (and nat 0 is considered a translation as well to the PIX). Also, bear in mind the PIX is a specialized appliance designed for NAT and acls.