suppose on a normal height vehicle, the lowbeams are aimed so the center of the beam hits position x on the pavement ahead of the vehicle. after lifting it, you readjust them so they're still centered at x. at any position between x and the emitting vehicle, the center of the beam is still higher than it was before. if you overcompensate so the center hits the ground before x, you are illuminating less of the ground ahead which is less safe in its own way.
don't get me wrong, I am very sympathetic to this issue. I drive a pretty low car and I get blinded any time there's a pickup behind me at night.