On my motor Snoops sport mode improves the handling by far, just trying to get my point over about 17's to 18's and handling diffirance mate with Acc of course 
Does it improve handling in reality? As in faster corner speeds, more grip etc?
I doubt it since the tyre widths are the same.
Or does it improve feel, and your perception of handling?
At the end of the day, a car that feels better planted, moren stable and 'better handling' will be griven faster...it's the confidence factor....if no suspension differences exist, then the difference is mostly down to feel/perception.
If really pushed to extremes, ultimate grip must be very similar, with a more progressive break-away given by the 17s...but the 18s will likely feel more planed right up to the point the grip runs out.