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Does the performance seem bad on the system? High load could be due to processes waiting on an event, like a disk sleep. For example if 5 processes are working on an nfs mount, and it becomes unavailable, with the hard mount option, the load average will be 5, even if there's no other work being done on the system.
To check for these run cat /proc/[0-9]*/status | grep -i "disk sleep"