This is right from "Race Tech's Motorcycle Suspension Bible"
QUOTE
AIR AS A SPRING AND OIL LEVELS
All telescopic motorcycle forks contain an air space--as the fork is compressed, the air space gets smaller and its pressure increases. When oil is added to the fork tube, the air space is reduced, and the compression ratio is increased. The air spring inside the fork tube works in parallel with the mechanical springs, and therefore the fork oil level has a direct relationship to the overall stiffness.
On motorcycles with air valves built into the fork caps, it is not generally recommended to use air as anything more than an emergency tuning variable. This is because adding air can increase harshness noticeably (due to additional seal drag or excessive topping out) and, unless the added pressure is excessive, only yields a relatively small benefit in bottoming resistance. Adding air is almost like adding spring preload (not spring rate). On touring bikes, however, the use of additional air pressure is quite effective for temporarily changing the load carrying capacity for riding two up. The air valve is also handy for bleeding off excess air pressure that can build up because of temperature and altitude changes as well as air leakage past the seals.
Changes in oil level affect the total spring force. Due to the progressive nature of the air spring, the change in spring force will be noticed more in the last part of the stroke as the fork reaches the bottom.
END OF QUOTE
I looked but could not find any mention of added pressure in the system having an effect on damping. I would very highly recommend getting a copy of race tech's book as it gives a fascinating explanation of how motorcycle suspension systems work.