Not a myth, I hand the player an LD shaft and they immediately say "wow I spun that without hitting hard at all". I've had at least three newer players that tried my shafts end up buying a Revo shaft because it was so much easier to work with than what they were using.
I also did tests for like an hour with a buddy of mine where we looked at 6-7 different shafts with different tips to see how much spin we could get, and the furthest ones were all LD shafts, with the top ones being LD shafts with layered tips. Nothing I say is guesswork or based on what I hear, but what actually is seen. The difference in spin from the lowest shafts, which were normal shafts with one piece tips to the LD shafts with layered tips was over a diamond further down the table.
If you think about the physics, it adds up. With a normal shaft you have energy going into the cueball to push it to the side, LD shaft goes straight, so that angular energy stays with the ball as spin and forward momentum. All movement is some form of energy transfer, friction is seen as heat for example. The motion from pushing the cueball to the side wastes energy (power). If you drive a car in a curved line, you use more gas to use a simpler example. So if you push on the gas and go straight, you will end up at the end faster than on a curved path.
Every Revo shaft I played with, I can get easier spin action on than any other shaft I tried, and I have tried many dozens.