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I wrote a harness script that updates 10,000 records. It commits the change every update. The thing runs at a good speed. It takes around a minute to complete. The table currently has no triggers on it. Then I added one trigger that did nothing in the body of the trigger. I was shocked to find the harness took over 20% longer to run with the trigger.
I had another developer present when I ran the test. He could not believe the results either. Then he had some suggestions to vet the results. I ran the tests a couple more time. Looks like the first run was a fluke. He also suggested I run the tests locally on a database on my machine to eliminate irrelevant variables.
So next I plan to move the tests over to a local database on my machine. This way the network is not a factor. Other uses on the database are also eliminated from the equation. Next I am going to time having a lot of triggers on a table. I will implement some cascading triggers. When I am done, I will have a lot of empirical evidence to back up my opinoin that triggers in and of themselves have no impact on performance.