
That's exactly why. Since it alternates which cylinders do and don't fire, it prevents one cylinder from loading up on fuel. Also, since it doesn't cut fuel, there's no risk of going lean.
One side note: I don't have nitrous, but apparently it's a bad idea to use a rev limiter of any kind on a sprayed engine, unless you have a window switch to cut the juice before the engine hits the limiter. That's what I've been told, just parroting it back for someone to poke a stick at.
Scott