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If you are talking about imroving or even getting top results within Google then I can see that it may improve a sites ranking a little but not much. If it improve a sites ranking alot then Google won't be as popular as it is and I would stop using Google and use an alternative instead.
The reasons why I say this is because I have recently actually looked at over 300 pages within the DMOZ directory for the first time in my life and nearly all of them was a load of rub*bish.
I'm not saying that my site is the best, but after seeing most of the sites, I now know that all of my sites should get approve straight away with No questions asked.
I found alot of sites on their that is on free web pages like freewebz, geocities, etc. I also found ones that even had a proper domain name that is even design all that good. Just a little text here and then and a load of banners.
Not every site, but a load of them that seems to be listed within the DMOZ directory are a joke. I suppose most of them got in there because people were just signing up to the Directory so they could just list their own sites. Infact I have heard that alot of people has done this just so that they can get their site listed alot faster.
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