Yes, and likely very well, too.
A trap in this case blocks FM broadcast frequencies from getting into the scanner.
This is pure conjecture on my part, it is, however, based on sound logic. I suspect that there's some sort of filtering in these OO scanners that cuts off at 90 Mhz. Given that these radios are Japanese, this would be logical, as the Japanese FM band cuts off there. However, ours doesn't - and therein lies the issue.
If my memory serves, the first 4 Mhz of the FM broadcast band are reserved for community operations and lower-power stations (this might have changed from the days I used to fool around with FM DXing). The power and antenna patterns in this range are regulated. However above that we start getting into the powerhouse type stations. These stations would blast in to the radio unattenuated, seriously overloading a scanner like the 197; this could cause anything from desense on one or more bands, increased background noise and the like. It's basically a cluster....well, you get the idea. The more urban your area, usually the denser the FM station population, and more the problem tends to show up.
It's not possible to speculate precisely where you will notice the improvement, as every RF environment is different - but there will be at least some improvement, for sure
HTH...Mike