It would and funnily enough I found that today myself. It's a big ugly lump of metal though and it would also move the bottle cage forward which might give me different problems so I don't think it's worth taking a chance on.Was just thinking, would shifting the bottle boss positions help? I recall seeing someone making a shift to do it, not sure where I saw it, but a quick google led me to this.
http://problemsolversbike.com/products/accessory-mounts/height_adapter_-_mprob83
It's not a biggie, just a nice to have for the two or three rides a year I do where a 2nd bottle would be useful, I think I'll just manage with stopping and filling up.