not exactly right mate,
the fuse doesnt strangle the flow of current at all. It will simply just blow if the current exceeds its rating. Its always a good idea to protect your equipment externally too. If you have to open up your kit to change a fuse you will loose your warranty. If you have too small fuse in the plug it will just blow, it will not strangle the flow of current. If you work out the correct size of fuse the device requires by dividing watts by volts, then it will protect your expensive, warranty protected, device and wont strangle the current flow.