I've sat in many a meeting where the Macs "steal" all of the DHCP connections and I'm stuck watching the speaker instead of following TweetDeck.
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How this works out in the end may depend on the DHCP server in use. Perhaps the server may discover the broken ARP resolution and invalidate the lease, allowing the Mac to jump in and steal the address while the other device is still trying to figure out what happened.
I've never observed the behavior you're talking about, and frankly, I suspect that you're just attributing some network failure to a Mac user that just happens to be present.