As someone who generally sacrifices bat for defense behind the plate (though one team is going the other direction at the moment) I can tell you for certain that it isn't working as you describe.
The Above Average AS/AA catchers end up with a better percentage, yes, but they do it at the expense of the middle-of-the-road and low-end SB guys. Against them, they (generally) reduce the attempts a little bit and throw a higher percentage out. But against the elite SB guys, you can use a 90+ AS/AA and still get run on more or less at will.