It doesn't change the distribution of other rewards, it mostly just increases all of them by a certain percentage. So if the top 100 got 80% before, the top 100 would get 80% after. Both top 100 and outside the top 100 would increase by X% (X% is very small for any single downvote of course, let's say 0.01% hypothetically).
RE: After dedicating 5.5 years to Hive/Steem, I've been informed by KING ACIDYO that I added no value