And to possibly lag the server (If not any players?) to death
Yes, it does that too. I've been known to load up Afganistan DM just to drop the thing on it. When it is in the range to hit the whole city, we get about a 5 second lag spike on impact, followed by several 1 second ones. Also, if your computer can't handle the particles (like how this school computer couldn't even get a whole-number framerate while looking in the direction of the kitchen for a side-by-side comparison,) then you miss most of the fun of it. Seeing all the bricks flying is pretty cool, though.
I made a Rocket Minigun. If I get the nuke, I might make a Rapid Nuke...
Then it will be the the most powerful weapon on Blockland.
Or ask the host to sever his ethernet cable for a similar effect.