No, it will to a point.
Each wheel has a speed sensor. The computer detects relative angular velocity of one speed sensor and compares it to the other three at a given sampling frequency. Because the tire diameter ratios front to rear have been given a tolerance, the computer knows which wheel has more or less traction by how fast it is spinning relative to the others.
This method compensates for tire friction differences, brake pad differences, etc.
Now, it can only compensate to a point and is limited by how fast each brake solenoid can pulsate. If your bias is really screwed up, then ABS may not be able to compensate.
Of course, having a system that is off-balance would mean that the ABS is constantly kicking in to try and maintain effective braking. This would obviously be a PITA trying to drive on the street or track. I'm not saying it's OK to slap an improperly-designed system on these cars, but if you have to, the ABS should be able to compensate for some.
Dali's website has a wealth of knowledge for us to compare the various NSX braking progressions and get an idea of a good starting point when trying to calculate ideal braking setups for individual use.
Dave