Looking for info on the consequences of reducing travel on an air fork brought me here. On a shock, it's simple enough that I understand it. Beanbag pretty much nailed it, save for his use of the word 'difference', which may confuse some people who think subtraction. Just remember we are talking about ratios, which means division.
Here is a graphical representation:
I have a Fox volume tuner in my own RP23 and it has worked wonders. The spacer subtracts it's volume equally from the uncompressed air volume and from the compressed volume. But changing the divisor (the compressed volume) has proportionately more effect than the same change in dividend (the uncompressed volume).
In this example with a 50 cc volume reduction, the total volume is reduced only by 5%. But the compressed volume is reduced by 50%. and the compression ratio is almost double (10 vs. 19).
Pressure, volume, and temperature are linked together by the nature of gasses (like those which make up air). This way of looking at a shock focuses only on volume, but you can work out what is going on w/ pressures and temps to look at the system from those prespectives, too.
Fox briefly explains spring progressiveness tuning