I think, when you talk about first order systems, you are talking about oscillatory systems (harmonics). All oscillatory systems have steady state and transient state (or transient response). Your d/dt is pertinent to transient response. But, if you are taking a1/ao as constant, that still does not affect the possibility that d/dt will affect y.
y(1 + a1/a0*D) = mx; y + Dy = mx; (notice that a1/a0 bears no relationship to d/dt; while a1/a0 does not change, y changes with espect to t))
y represents the previous position, Dy represents how previous y affects new y. If change in y with respect to time is constant, then Dy, the slope, is zero (previous y no longer affects new y); position only depends on m constant This happens in steady state. However, in transient state, Dy affects y. Notice that Dy diminishes y in time, towards the steady state; which means that transient state always precedes the steady state. If it does not, then you have exponentially growing y due to Dy, and the system is unstable.
You can also look at it this way:
Your tau is the period, and the inverse of it is the frequency. The general solution will contain [y = e^(-1/tau)*t] plus some constant of the function mx. You can see that in time, exponential part--the transient part--will go to zero due to negative sign in the power of e; and it only depends on the period and time--not on x. Then, you will have left the [mx] part, the steady state part. See,
http://en.wikipedia.org/wiki/Linear_...ntial_equation (see bottom of the page).