I analyzed top 10 plugin via p3 profiler and this is the only plugin causing high page load time, link: http://i.imgur.com/WmBdR.png
I've done the same. I'm not sure how P3 Profiler works exactly. The most database usage is because of the external js.php files which need to read/write into the database.
I've been testing a version which helps cut down runtime to some extent
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