That hasn't been my experience, the hotter it gets for me, the more vapor, however, it does start to get a burnt taste.
My intuition still leads me to my first post. A heat sink would take heat away from the heating chamber and heating element as it will transfer heat away not only after the heating process, but during it as well, thus one having to hold the button down longer to get the same desired vapor production (translation, you will have to make a longer draw) and secondly, reduced battery life. There is no free energy in this process. Heat from the element transfers to the air surrounding it and to the body and if you add a heat sink, it will then transfer to it, thus running your atomizer heating element cooler, which means you will have to run it longer to produce the same vapor. Think of a heat sink as a minature intercooler.
What you would be achieving with a heat sink is to not only cool the body, but to also lower the operating temperature of the heating element and heating "chamber", which could be done much easier by simply lowering the voltage, but as we know, to low of voltage lowers the vapor output.
As far as a heat sink, i'd also argue that it "may" reduce atomizer life, not increase it. The metallurgical properties of heating elements and most metals and ceramics, do not take well to an extremely rapid cool down. It can produce stress fractures and cracking. A gradual cool down is preferred for long life. That being said though, i don't necessarily think a heat sink would cool it down so quick as to cause that effect, so it may be a moot point. Its not like you are taking it when it is hot and dipping it in ice water.