Of course, when you cut off all the air, it has no choice but to draw fuel.
The same issue arises with a partial restriction. IF you get everything exactly right, Bernoulli effect may create a situation where you get more fuel draw for the same flow, or more flow for the same fuel draw. That will possibly get you more power - possibly, not certainly, because what happens downstream of the inlet matters, A LOT in some cases. The right conditions appear to be very difficult to achieve and probably rarely if ever occur in real life. A huge fraction of the fuel draw is do to simple flow restriction. I think Frank Williams has some interesting information on the topic.
But even assuming you do get the conditions just right for more power, they aren't likely to stay that way as you maneuver around nor does more power = better. Power is a non-issue in stunt, we are flying airplanes with piped 75s that we used to fly with ST46s. What is far more important is consistent response in flight. That's where I have found various schemes to ensure consistent flow with different loading and different input air directions to be critical. The diffuser on the inlet had tremendous beneficial effects on the run consistency far out of proportion to any possible restriction effect. And it worked far better with a large inlet and a diffuser than a tiny inlet and no diffuser. My current #5 venturi with a spigot and diffuser (single layer of pantyhose) clearly draws less my initial #12 venturi with a spigot, but it runs much more consistently.
Brett