(Disclaimer: the following numbers and discussion are simplified to illustrate a concept. To use more exact numbers would be speculative as far as what your PD is really doing, not to mention confusing.)
First off, radio communications are not conducted on exactly the frequency discussed -- there is necessarily an overlap with adjacent frequencies. If you PD uses 155.520, really they occupy approximately 155.515 to 155.525 every time they transmit. To hear them properly you tune to the center frequency of 155.520. In this example, the bandwidth would be 0.010 MHz or 10 kHz.
Because technology now permits it and there is demand for new channels, the FCC is directing everyone to use fewer of the adjacent frequencies. So instead of 155.515-155.525, your PD will now use 155.5175-155.5225, for a bandwidth of 5 kHz. Still centered on 155.520.
Let's pretend that someone else near you already uses 155.505, which, using the older channel spacing, would have been the lower adjacent channel available for licensing. Once everyone narrowbands their operations, suddenly there is space for someone a few towns over to use 155.5125 (halfway between 155.505 & 155.520). Subject to proximity issues, you just doubled the number of channels in the affected portion of the band.
What does this mean to you and your Pro-75? It means that you might receive your local PD on 155.520 with slightly diminished quality or strength, since your scanner is set up for the old bandwidth and the PD is using less than that. And by slightly, I mean you may not even notice a difference unless your reception was already marginal.
As far as the new channels, I'll bet you can receive them pretty well. Let's use 155.5125 as an example: this user would actually be occupying 155.5100-155.5150 (5 kHz bandwidth). If you program in 155.5100 in your scanner then your scanner will be listening to 155.5050-155.5150. See the overlap? Reception won't be as strong since you're not tuned to the center of the channel, and even strong signals may sound a little scratchy because the audio is off-center, but it will probably be good enough to put off upgrading scanners for a bit longer.
As to your previous question about valid freqs (really, channels), you've got the decimal place in the wrong spot. Following is a table of the old (left column) and new (both columns) channels:
155.0100 155.0175
155.0250 155.0325
155.0400 155.0475
155.0550 155.0625
155.0700 155.0775
155.0850 155.0925
155.1000 155.1075
155.1150 155.1225
155.1300 155.1375
...
Jim