Hi,
The most efficient way to write to the tag engine is using the Write tag.vi. However you have to have in mind that the LabVIEW DSC code is not the only part responsible for the communication between your PC and the PLC, the speed at which the OPC Server communicates to the PLC is crucial to accomplish your goals, so make sure that your phisical connection is able to handle the poll rate defined in the OPC server.
Also, performance is something very particular to each system, it will depend on the speed of your processor, how much memory you have available as well as how fast is the connection between the PLC and the PC, so there is only one way to find out if you can achieve what you want in your particular system, trying to implement it.
Andre O
liveira