No, you increase *positive* camber when you lower a fox-chassis front end.
The A-arm is already at it's horizontally-longest position when it's level. For a fox-chassis Mustang, that's about at resting stock ride height. As it articulates up (either statically from lowering or dynamically from suspension compression), it only becomes shorter in the horizontal, which pulls the bottom of the spindle closer to the car, which causes an effective outward tilt of the top of the tire (aka loss of negative camber aka positive camber gain), which is what you can see in my video. It shifts all the weight to the outside of the tire, which is why most guys who drive their Mustangs hard in the corners end up wearing out the outer shoulders off their tires.
NOW, if the A-arm resting ride height is sloped downward towards the tire, then, yes, you will get negative camber gain under compression, right until the point when the A-arm hits horizontal, then you'll fall back into positive camber gain.