Read me thread in the Forced Induction forum, I'd say it does, I think Mike Wood said they've sold a lot of bottles (I forget the number, but it was a lot) over a decade or something, and they've never had a customer call to complain or call for a refund.
The product also contains no MTBE or Manganese. I have a bottle, I'm going to wait until I get my kit setup to put it in and run a big shot, I'll let everyone know how it works.
It supposed to clean injectors, exhaust valve, etc. So it would be OK in a normal car. For something like 12-15 bucks, I'd give it a shot.