I find that heuristic arguments are often quite misleading when considering task scheduling (and closely related problems like bin packing). Things can happen that are counter-intuitive. For such a simple case, it is worthwhile actually doing the probability theory.
Let $n = km$ with $k$ a positive integer. Suppose $T_{ij}$ is the time taken to complete the $j$-th task given to processor $i$. This is a random variable with mean $\mu$ and variance $\sigma^2$. The expected makespan in the first case is $$ E[M] = E[\max \left\{\sum_{j=1}^k T_{ij} \mid i=1,2,\dots,m \right\}]. $$ The sums are all iid with mean $k\mu$ and variance $k\sigma^2$, assuming that $T_{ij}$ are all iid (this is stronger than pairwise independence).
Now to obtain the expectation of a maximum, one either needs more information about the distribution, or one has to settle for distribution-free bounds, such as:
- Peter J. Downey, Distribution-free bounds on the expectation of the maximum with scheduling applications, Operations Research Letters 9, 189–201, 1990. doi:10.1016/0167-6377(90)90018-Z
which can be applied if the processor-wise sums are iid. This would not necessarily be the case if the underlying times were just pairwise independent. In particular, by Theorem 1 the expected makespan is bounded above by $$ E[M] \le k\mu + \sigma\sqrt{k}\frac{n-1}{\sqrt{2n-1}}. $$ Downey also gives a particular distribution achieving this bound, although the distribution changes as $n$ does, and is not exactly natural.
Note that the bound says that the expected makespan can increase as any of the parameters increase: the variance $\sigma^2$, the number of processors $n$, or the number of tasks per processor $k$.
For your second question, the low-variance scenario resulting in a lowerlarger makespan isseems to be an unlikely outcome of a thought experiment. Let $X = \max_{i=1}^m X_i$ denote the makespan for the first distribution, and $Y = \max_{i=1}^m Y_i$ for the second (with all other parameters the same). Here $X_i$ and $Y_i$ denote the sums of $k$ task durations corresponding to processor $i$ under the two distributions. By independence, for For all $x \ge k\mu$, independence yields $$ Pr[X \le x] = \prod_{i=1}^m Pr[X_i \le x] \le \prod_{i=1}^m Pr[Y_i \le x] = Pr[Y \le x], $$$$ Pr[X \le x] = \prod_{i=1}^m Pr[X_i \le x] \le \prod_{i=1}^m Pr[Y_i \le x] = Pr[Y \le x]. $$ soSince most of the mass of the probability distribution of the maximum will be above its mean, $E[X] \ge E[Y]$$E[X]$ will therefore tend to be larger than $E[Y]$. In This is not a completely rigorous answer, but in short, the second case isseems preferable.