That would really depend on a few different things. If you are talking about twisting only the cables and not the string, then the increase in draw weight would involve the more forward rotation of the cams or cam. The difference in cam position could change the radius from the string track of the cam to the axle (pivot point) compared to the radius of the cable track. That would increase the draw weight without too much prestress on the limbs. It would also increase the draw length, so unless your cam or cams have modules or other draw length adjustments, you may just have a bow that is more difficult to shoot well and gives you other problems like shoulder stress, string slap, etc.
If you are talking about shortening the string and cables, then the extra draw weight is coming from greater limb prestress. Depending on the make and model of the bow, this could be a problem. If I' m not mistaken, though, on some bows, the difference between a 60 and 70 # bow is in the height of the limb pivots. If that is the case, then I don' t see where the added prestress of twisting the harness system could be all that dangerous. On other bows and limb systems, it could be much more of a risk.
I have been doing some experimentation with a bow that I put together. Trying out different harness lengths, I have had anywhere from 36 1/2" a2a and 6 1/8" brace, to 34" a2a and 7 1/4" brace. In the 34" configuration, the bow is quieter, recoils slightly less, and is more forgiving to shoot, at least for me.
Then again, my wife may come home some day to find me lying in a pool of semi-coagulated blood, too badly injured for medical science to save me from this bizarre experiment gone wrong![&:][&:]
I don' t worry about it when I shoot, though.