Someone in this thread already made some math. Although we don't have exact numbers we now know that this technique adds a little extra rotation to the ball. We might say it is likely negligible for many, but when you get in the world top 10 like Timo Boll I can imagine even the smallest improvement could be potentially an important advantage.
Since I was last active here, a lot has been written here. I didn't have much time. Still I want to clarify something.
We all see that TT players, profis or not, simply do change the angle of the bat during the stroke. I don't know why would someone dispute it, and I'll leave it at that. Stroke can be shorter or longer. The bat angle change can be more or less. Any combination. There are reasons for why this is so, imo, it is due to the construction of the body. That is also why I like what NL said, that thinking about the stroke is much more useful than thinking about "what matters", the contact point.
Now I knew that the contact point is short, and later zeio made the timings precise - approx. 1 ms. Honestly I expected there won't be any significant change of the bat angle possible, during that short contact point. It turns out, it is quite possible to change the angle by 2 degrees, and I'd guess the change can be even more, maybe 3-4 degrees max. This obviously influences the ball - I'll get to that later, but the point is, that even if it were not possible, even if the bat angle change during the contact interval were insignificant, we, profis or not, would still change the bat angle during the whole stroke! It is independent. We do this (change the angle during stroke), because it is natural for the body, and for the goal, too.
Now let's say we close the bat angle during the contact for 2 degrees, from 40 to 38. What is the difference to another contact in the angle 39 degrees, which we don't change during the contact. I don't know exactly, I tried to calculate it in some crude way earlier, and the result was that there is some 5% difference between those two contact points. I'm not sure, it may be more. It may add some additional nice extra plus, but as I said, imo, it is not the main reason why we change the bat angle during the whole stroke.
Earlier, I was perhaps a bit to excited (that indeed what happens in contact is richer) and my formulations were not clear, and that lead ben1229 to ask about it, whether I want to focus on doing that extra during contact point. I don't, I hope it is clearer now.
Apart from that, this thread is more about OP's ego-wrapping, than ball-wrapping.