The human eye can perceive more than 1000 FPS, & I would like to add that unless you have a monitor operating at more than 60Hz, increasing the FPS beyond 60FPS is useless.
That being said, does higher FPS necessarily mean you'll detect, or extract more data from the game than anything otherwise? Maybe at a fraction of a difference...
But I don't really think so, and I believe we need to seriously take ping into account... as this has more to do with reaction time and less to do with how fast the game operates