Yeah, it does. I'll give you an example from my personal experience with the VC95 (2018). It also relates to what I just wrote to
@cortado.
I like my racquets with a heavier static weight (most of my racquets are 350-364g strung), with a HL balance (quite a few are 315mm strung - but generally 6 pts HL or better), and a SW north of 330 (quite a few of my racquets are 340s... my BP 16x19 is 354-ish but has a 305mm balance unstrung).
So... I got my VC95, it felt like a toy in stock weight (I don't mean that in any negative way - I played well with my LM Rad MP in stock form but that was different due to the balance), and so I gave it a heavy weight mod (lots of weight in the head and handle, leather grip... the works). The result was a static weight of 363g (from memory), quite HL (I would guess 12 pts HL or more - as I didn't measure it), and a hefty SW that was very manageable due to the very HL balance. I had it strung with Hyper-G 1.15mm, and it played well... but I was often early to my shots, how the racquet was set up was causing issues with my timing, and the racquet was just a smidge too much in the SW department. So, after playing with it until the strings were used up, I decided to make some changes to the strings (to reduce the SW a bit), and I removed just a touch of the Tungsten tape from the head (not much). I put in a string combo that was very comfortable and one I have used in many racquets (WC Red Ghost/Klip Syn Gut @ 46 lbs). When I went to hit with the racquet, I started experiencing pain in my wrist (bottom of my wrist where the wrist meets the bottom of my palm), and the racquet felt quite jarring and brassy (which it didn't feel before). This confused me and made me want to sell the racquet.
I decided I would give it another try and make more mods. I removed the leather grip that I put on instead of the stock grip, re-applied the stock grip, and removed the 3g that I placed inside the butt cap (from memory). I didn't change the strings, nor the Tungsten tape placed in the head (which now sits at 6g total, spread through the head in varying amounts). I then went out and had a hit. The racquet still felt more substantial than in stock form (and more where and how I like it to feel), but it wasn't as HL as before. The difference was night and day. I immediately started hitting well, the racquet was comfortable (as its 62RA would indicate), I had no wrist pain, no brassiness, but there was plenty of power and awesome control. I just had a hit with it last night... and I was so dialled in that I had a hard time putting the racquet down and playing with the 2 newly strung Prestige racquets I brought to the courts. It was like a completely different and substantially better racquet than before the last mod. It now sits at 348g, 315mm balance, and a SW of around 340 (estimate based on stock SW and the weight added to head and handle).
Now, maybe it would have played well in stock form, but it felt like a plastic toy when I originally held it in my hand... and that would have bothered me. I tried my G360+ PMP and my Yonex VCP 97HD in stock form. They did fine, but the guys I usually hit with were handling my shots with more ease, I was having to play longer points, I wasn't able to dictate as much, and it was generally more work than I needed to put in. So why do it? I modded both the G360+ PMP and the 97HD to my preferred specs (around 350g, 315-ish mm balance, and SW estimate of 340-ish), and now they play absolutely awesome. The feel, accuracy, and control are still there, except I am able to dictate the points much more easily, my opponents are having a harder time, I'm having a better time, and I don't have to work as hard to win my points. Win/Win in my book. I have the same amount of mis-hits/ off-centre hits with the stock racquets and the modified ones, I just play better tennis (results-wise) with the modified versions.
Hopefully, that explains and illustrates what I'm trying to say, We are all different and we need to find what works for us. Sorry about the long post.