Web site performance problems usually don't have much to do with the raw executing speed of the language they're written in. The problems derive from poor understanding of how to handle concurrent connections. If your app is written in C, but is accessed through a CGI interface - starting a process for each request - then it's going to be slow. Similarly if you write a web server which makes blocking connections to a…
And then there's situations like porting a Rails app to Lift and seeing a huge improvement in performance without touching the database / storage IO: http://lambda-the-ultimate.org/node/2147 Granted, it's not from the most unbiased source, so take it with a grain ;)
The point is - for 99% of people it's not the language, it's the I/O