On most cruising boats the backstay adjuster is intended to maintain headstay tension, not to bend the mast. Most boats with furlers suffer from deplorably loose headstays. It seems that many people forget about the headstay because it's inside that nifty convenient furler thing. But the weight of the furler extrusions and the sail that is always on there and even the Sunbrella sun cuff are all responsible for increased sag. In some cases the added toggles on each end of the wire necessitate a cutting of the stay itself and the result is a too-short headstay and, therefore, a lack of mast rake or even negative (forward-leaning) mast rake. I have seen this too many times to discount it.
The backstay adjuster will enable you to take up on the rig, drawing the sag out of the forestay. But, a word of caution-- electric and hydraulic systems (that race boats do use to bend the mast, if they are fractional rigs) can impose tremendous tension on the rig-- easily enough to puncture the deck at the mast step and do other unimaginable damage. Stick with a nice block-and-tackle system, even on a boat up to 37-40 feet, and otherwise maintain the standing rigging as it should be.
I am not a fan of much mast bending only because I know well the damage that constant cycling of stresses on aged aluminum can create. That said, I prefer to ease up the tension when the boat is put up for the night. I just don't like leaving it under load-- though it would make sense to tension it once and leave it, the use of a backstay adjuster means it's getting cycled plenty often already; so I doubt it matters much in the grand scheme of things.
My boat has a 4:1 purchase on the 4-wheel CS Johnson car riding on a split backstay. This year I am putting a block on the bottom of the car and running a leg over to the other corner of the transom to result in about 8:1 (4:1 pulling on one leg looped over another block), kind of a two-legged cascade system. It will be more powerful-- but really it is more to ease the load on my old arm and shoulder and back than it is to apply more tension. And I don't have a furler anyway and I typically nitpick the tuning of the rig the way I do that of a guitar.