My 997 helps my posture a bit and really helps my back in general. Pre-binder I experienced a great deal of back pain due to an injury I got when I was 17 - my girlfriend is a doll and used to give me weekly back rubs to ease the tension. Since buying my 997 I barely experience back pain - so no more back rubs.
I've always had good posture though, but I definitely feel that the binder helps to reinforce my posture. So if you slouch it should help.