From my perspective I can only describe the results from my own SRS with Dr. Suporn in 2014, I will not say anything about any other surgeon, their methods or their results.
The erectile tissue in/under my labia minora adds to my sensation just as it did before, not only when I am touching it but also when I am walking or just sitting there and moving my legs slightly. I am quite happy that it is there, and I would have considered it a loss if it had been discarded. It does not cause me discomfort of any kind, but it seems somewhat unpredictable when it becomes puffy and tender, often it feels like a spontaneous "erection", although nothing of that is visible, I can only feel it. Dr. Suporn has created a deep vulval vestibule and deep interlabial sulci, and when I feel inside there with my fingers, it is quite noticeable that there is "something" under my labia minora.
There are of course more details, but the question here was specifically about the corpora cavernosa, so I will limit my answer to that. Ask me or PM me if there is anything else you would like to know.