Not really, in an ideal situation, you want to run the lowest octane you can without encountering knock or detonation, going any higher is just a wast of money. Also a lower octane as more BTU's (energy potential) for any given amount. This doesn't mean you should go run 82 octane and hope your car is faster. But running the highest octane you can get your hands on isn't really the best rule of thumb. Running 91~92 octane if fine for most situations, unless your really picky. You can check and see at what octane your ECU starts pulling timing, for a given time of year, weather, ect. and adjust your mix accordingly, but thats only if your really picky.
As was stated earlier, negative on the higher octane affecting fuel cut.