In practice, you won't gain much.
Absolutely correct, as far as the initial transmission from the app store to the user. IPAs, APKs, and PNGs all use some variant of Huffman based compression, AFAIK.
However,I think IPAs get decompressed/extracted during installation, which means not using PNG will result in a higher post-install size. I think...
My app's IPA is roughly 15MB, however, the install size is about 125MB, most of which is probably due to uncompressed graphics. Though uncompressed graphics also means noticably faster load times.