Yes, they'll reduce wear. Whether that will mean that the wear would shorten the life of the engine to any significant degree is unknown. You're probably not going to drive this vehicle until the engine needs overhaul like an OTR application.
In our case it mainly enables longer OCI's
Here's my
current school of thought on the matter (subject to alteration as wattage increases in light bulb). Let's take your common $2-$3 filter that's in use for 3k-5k and changed with every OCI. There's not much sense in going too high here with a fine filter. You're dumping the oil soon enough that it will limit the number of boulders in the sump ..resetting the counter. Sure, finer filters will reduce that number even further, but if you used the finer filter longer, you may get just as many of some intermediate particles playing around in there anyway.
Just keep your eye on the sump composite in terms of accumulated, unfiltered, particles. They'll form pyramids of particle distributions that broaden as the OCI advances. The finer filters will be shorter with higher accumulations the lower you go in the pyramid (assuming the service is extended). Meanwhile, the $3 filter has taller pyramids that may have lower total accumulations since you're resetting the counter more often...so to speak.
A bypass filter should attenuate most of the larger particles. It would form a (mostly) flat topped plane with variable lower sized particles based on when you sample it.
So, imo and in our usage, bypass filtration allows longer OCIs without undue wear due to accumulation of larger particles. Surely some reduction in the production of smaller metal particles will occur due to the elimination of the boulders that would be knocking around playing bumper cars. We're frustrated by not having data on what particles are composed of in a particle count. We know insoluble levels ..but don't know their size distribution. I imagine that this has been studied by someone ..somewhere ..but there's no affordable method to do this that I'm aware of.
In the case of my jeep engines ...is bypass filtration going to make my Fe shedding timing chain last 50k longer ..or is it going to reduce the effects of its Fe shedding in knocking loose other metals as it circulates around the engine?
It will enable the oil to be in service longer while you ponder the question.