(Re the Jargon File entry.) So I looked at chrome to see what that meant.

Well, possibly. Go-faster stripes are specifically the stripes along the side of a flash car that make it look cool (to its owner and his cretinous mates) and of course go faster, like tailfins.

In a computer context I've always heard it as an imaginary thing of last resort when the machine or program is unacceptably slow. If there's nothing else you can do about it, you suggest painting go-faster stripes on the machine. Synonymous in this sense with giving drugs to the hamsters.