Up to XP, 2D drawing via GPI was usually hardware accelerated. In Vista this was removed and the only hardware acceleration is that done by Aero. So, on Vista, it is true to say that switching off Aero puts a much larger burden on the CPU.
Windows 7 restores some acceleration for GDI when used with WDDM 1.1 drivers. It's still done via the 3D card though, so you presumably still need Aero enabled to benefit.