Not really. It's meant for holding your flaccid penis extended and getting those flaccid gains. If there is no tug on your penis, it is only for keeping your flaccid extended. You need to stretch before hand to get the full effect.
On your routine, I would hold the mandingo stretches for much longer or just remove them. The a stretches are done when doing the DLD blasters, so just remove those. Gives you more time for the other stretches. Read through all of DLD's threads and the [words=http://www.mattersofsize.com/forum/showthread.php?64036-My-Best-Work-Ever-Penis-Enlargement-will-Be-Changed-Forever-gt-gt-Gain%20inches%20with%20SRT-Theory-and-Routine]
SRT[/words] thread. You'll see how he gained the extra inches by using DLD blasters. When you get a bathroom break, do mandingo stretches or DLD blasters. Start slowly and increase tension, you'll get a warm up and stretch at the same time. Anytime you can stretch throughout the day, do it. Then throw the wrap back on. Congrats on your gains brother.