+1. It can most definitely do that. In some cases, people have actually starved the amp, intentionally, which is how EVH got his "brown sound", utilizing a variac, and sagging the power to the amp(s). If it can make your sound "better", I'm sure it can also make it "worse", too, given the situation.
It has been rumored that
Paul Gilbert did this same thing, teaching at GIT, using a toaster! hehe. That Paul, what a card! hehe.