This will only ever increase the number of indexed namespaces. Providing a value lower than the current rolled out percentage will have no effect.
This percentage is never persisted but is used to calculate the number of new namespaces to rollout.
If the same percentage is applied again at a later time, due to possible new namespaces being created during the period, some of them will also be indexed. Therefore you may expect that setting this to 10%, then waiting a month and setting to 10% again will trigger new namespaces to be added (i.e. 10% of the number of newly created namespaces in the last month within the given plan).