Yes, it does result in improvements. No, you don't have to spend $200 on a Talisman, which does need repeated use.
You can buy any fairly strong electromagnet for $100 or less and get better results than the Talisman. AND, these stronger magnets produce results that last so no repeats are necessary. Well, at least none for the last 9 months or so.
This process can also be applied to tubes, cables, etc. but they will always need repeated use because there is fluctuating current flowing in these. I'm set to do mine every 6 months or so when I also clean the contacts.
Believe or dis-believe. I don't give a shit. But you really should try it and decide for your self.