Most likely it would speed up lig gains since there are less ligs to stretch, BUT…
First of all. It’s not the dangers of the hanging you want to be worrying about, it’s the dangers of the surgery. Really. More I find about it the less I want it. Did you know that the chance for succesful operation is only 50%?
Secondly, the stability of your erections would be gone. As the ligaments are cut, no matter how hard your penis is, it isn’t very stable and a number of people have complained about this making their sex lives worse.
"Be aware that there are several schools of thought here as well. Some seem to go with the hard and heavy approach. The sessions are brutal. You can hear them talking to their dick: You better grow mofo or I will punish you even harder tomorrow! Others seem to favor a more tender approach. Always listening to what their member is saying while massaging it gently and singing to it with a soft voice. If it is moody and not happy with new behavior, they always listen and are very understanding."