In a lightening strike event it most certainly does. And again, we design these systems specifically for that millisecond that something goes wrong. If we went by the logic that "it'll be fine for 100 years," more than half of the NEC would be null and void... and more than half of the DIY crap that we regularly mock, and mock for good reason, would be justifiable.
We used to have a system without grounding electrodes at my parents place. My father always tells this story of a lightening strike in which he could see the electricity bouncing around the basement because there was no electrode. Now, I should clarify that my father likes his stories, lol... but I kinda believe him, lol.
Yeah, consider me unconvinced by your father's anecdote. You have no idea how much less the lightning would have 'bounced around' if there had been an electrode. You also have no idea what specific damage might have been
worse if there had been improper connections to electrode(s), or even code-compliant but unlucky or ill-advised connections to redundant electrode(s).
By the way, shock protection and lightning protection are two totally different things. In fact, grounding can work at cross purposes with respect to each. More grounding probably always increases shock protection (although probably negligibly and not justifiably), but too much grounding and/or improperly installed grounding can cause lighting to go places that you don't want it to.
Not that I'm an expert on lightning. But here is what I know pretty well:
- A true lightning protection system, such as follows NFPA 780, is vastly different from NEC requirements.
- There have been past controversies over superstitious grounding requirements in the code. 690.47(D) was a requirement that came and went and came again and went again and thankfully has stayed gone now for two cycles. But it is is illustrative of how superstitious belief gets things into the code for no very good reason. For more you can see the video by our esteemed host:
After that video you might wonder if all the normal grounding requirements in 250 have any solid reasoning at all.
- some people seem to believe that having grounding electrodes makes lightning strikes less likely. This is poppycock.