A higher IP will theoretically mean greater maximum flow rate.
For example an IP of 150 psi will flow about 20% more gas than an IP of 125 as the internal air passages are otherwise identical. It's the same idea as turbocharging a car - higher manifold pressure means more mass flow through the engine at an identical RPM.
The problem with that reasoning is that the high quality high performance regs you should be using for deep diving, already have a flow rate well in excess of what you need any way, so unless your reg is marginal, it does not matter.
At really deep depths (below 60-0 feet or so, the increased viscosity of the gas starts to reduce flow rate, but at that depth you would be breathing mostly helium anyway and it slips through regs much easier than air.