That is not only uneeded, but is actually detrimental.
create a node-name with the name of that sites LSP.
Put this node-name on the "ip-network-region" form, for that location, on page 2, under "SURVIVABLE PROCESSOR IN PRIORITY ORDER" (or something like that). The LSP IP is transmitted to the IP phones, when they register, and they get a copy of the updated H323 gatekeepr list.
By putting the LSP's IP in the "MCIPADD=" line on the DHCP server, you cause a problem, because the phones can't distinguish between active and inactive H323 gatekeepers, so in normal operation, you may end up with phones saying "Discover x.x.x.x" which is the IP of the LSP.
AVAYA Advises AGAINST putting the LSP IP in the DHCP Option string, at least for all newer versions of CM (CM 3, 4, and 5)
Mitch
AVAYA Certified Specialist