Actually, I believe so, mostly. More a marketing trick than a real improvement, in my view, at least from what I can see when I do the maths (PV=nRT yadhayadha) with what is left of my physics knowledge. In truth, when I do the maths, there is a difference, but so small that it is unlikely to actually make a significant difference. But hey, I am far from being an expert in anything....
Some put a wing on the trunk of their car and they swear it makes them go faster
No offense meant.
I have a pair of Fox Airshox to rebuild, cant wait to get to that part.
As for oil and oxygen being an explosive mixture, hmm, there is some truth in that but it seems to me not really applicable to our use cases.
I seem to remember that this is derived from the physics of the diesel engine (but will not ignite without a source of intense heat...) or the absolute necessity to never apply grease to the threads of compressed oxygen cylinders (memory from veterinary school many years ago). Thankfully the pressure in our shocks or forks can never reach the levels of compressed cylinders, by a long shot...
But hey, again... I am far from being an expert in anything....