It would have no effect on the lamp. The output of the lamp is constant, no matter where the picture settings are. What changes is how the DLP Imager (or LCD panels) is driven. Think of it as opening your blinds to let in more light. You haven't done anything increase or diminish the light output of the sun. You're just controlling how much comes in.
If you don't know, the DLP DMD is a array of thousands of tiny mirrors, each one a pixel. The mirrors actually move to reflect more or less light, depending on the image. The image from it is B&W, what gives it color is the color wheel.
The only detriment to cranking up the contrast is increasing the white level to the point where it is too much and parts of the image "bloom" and detail is lost.
Remember, Contrast controls White level, Brightness controls Black level.
If you don't know, the DLP DMD is a array of thousands of tiny mirrors, each one a pixel. The mirrors actually move to reflect more or less light, depending on the image. The image from it is B&W, what gives it color is the color wheel.
The only detriment to cranking up the contrast is increasing the white level to the point where it is too much and parts of the image "bloom" and detail is lost.
Remember, Contrast controls White level, Brightness controls Black level.