I'll take another crack at this: It is currently 7.9°F with a RH of 63%. In the coop it is 18°F with a RH of 72% (5'x7'x7', heated waterer. one 15w light, and 5 chooks). This is acceptable.
What I don't want to see is a reading of 90%+ in the coop. Yes, colder air can't transport as much water vapor, but the saturation point is lower as well. So, without effective air exchange the amount of water vapor from chooks/waterer would rise to the roof peak and begin to build down toward the roosts (ever see hoar frost form a specific ht. on walls in coop?). Layering and pooling of nearly saturated/saturated air is a sure sign that air exchange is lacking.
As has been mentioned, the heat capacity of humid air is higher than that of dry air. The roo's comb has a high surface to volume ratio (like fingers/toes/ears/and other appendages). It cools and can be cooled more rapidly because of that. Basically, the water being transported in the air `sucks' heat from the surface of the comb, vasoconstriction begins in earnest and goodbye comb tips. Granted, radiative and evaporative cooling are tough to beat in dry conditions, but a high humidity level, at roost ht., in freezing temps,
contributes to frostbite.
Another contribution to cold injury in a poorly ventilated coop is the resp. stress generated by ammoniacals and the like that `hang-on' in humid air rather than dissipating. A couple of weeks of that kind of insult and one might begin to see respiratory injury resulting in circulatory problems leading to a less than robust perfusion of the comb (even quicker onset of frostbite).
Just a couple of quotes from folks who know way more about humid conditions than I want to:
2. Humidity. Cold injury is due, in part, to the effect of low temperatures on moisture in or on the body. The higher the moisture content, especially on the skin surface, the more rapid the heat loss. As humidity rises, the temperature at which cold injury can occur also rises
b. Freezing, dry cold injuries are associated with extended exposure to subfreezing temperatures, usually 14 degrees F. or lower when the humidity is low
http://safetycenter.navy.mil/osh/ground/coldinjuryprev.htm
PatandChickens info. is very useful, but every coop/barn/house has it's own vagaries and quirks and only careful observation of what is actually occurring will keep your chickens engaged in philosophizing about the meaning of it all and out of the freezer: