No, the only effect that the airbrake effect fixes is the life created by the deployment of the airbrake. If you open up the .AIR file, you will notice that there is an option listed as "Spoiler Lift". That value is simply set to zero. Nothing else is changed. If you know how to alter .AIR files, then the change is reversable. If you don't, I would advise making a backup copy of your .AIR file. Hope this helps.
-Jimi