It more so changes the alignment of the enclosure and smooths out the frequency response. It can also help break up standing waves from upper order harmonics which can help with sound quality.
If you want to know if it helps, **** what people say. Just go buy a bag for like $3 and experiment with it. If you like it, great! If not, take it out. Either way, you're happy -- **** what we say. Also try stuffing more and less in the enclosure and listen for differences.