Yes in that it lowers the front.
No in that using straps compresses the suspension giving you less suspension travel.
There are trade offs to both.
With the clamp you can lower, but you still have the same suspension travel which could allow the fender to hit the bottom of the nose if you go too low.
With the straps you're less likely to go fender to nose, but being compressed, the ride will very firm.
There are other issues too, but noone is answering probably because this has been discussed a million times. Try using the search button at the top.
Ride safe!