It actually DoSed a small VPS I had protected behind it. Not sure how, I guess it was scraping for content a bit too fast but my site ended up being more available without cloudflare on top of it
Hm. Will keep that in mind / watch for it, since I just started using it for a project. I have to say I was less than pleased when I added a site to my (paid) account and had to opt-out of having my error pages redirected to Cloudflare ones, but aside from that I haven't had a problem.