I disagree, and believe it will indeed raise your bow weight. By shortening the string, you have effectively flexed the limbs into draw, before actually drawing the bow. Any added draw you make only adds to this. Although it adds a little weight, it actually makes your bow shoot slower, by reducing the "stroke" of the bow limbs. So, the rule of thumb, to get the "most" from any given trad bow, is to brace the bow as low as possible, but still achieve good arrow flight. Your bow will shoot faster, at less draw weight.