Well, it does do SOMETHING. By using two pieces of cable, you lower the resistance going to your speakers. However, because you're using two cables (probably not kept in a specefic geometry), you're going to be altering the the capacitance and inductance as well. Still, you shouldn't need to use two cables for one speaker, a single 2 conductor 10ga cable should be plenty for any speaker at a reasonable distance from the amplifier. As long as you are using a proper guage of cable (minimum 14, preferably 12 or 10) without rediculous capcitance and inductance, you should be fine.
Like Nick said, you're not going to hear a difference so it's not even worth your time.