Quick Answer: What a Barlow Lens Does
A Barlow lens increases your telescope's effective focal length, which increases magnification with any eyepiece you insert into it. A 2x Barlow doubles magnification. A 3x Barlow triples it. Example: your 25mm eyepiece at 48x becomes 96x with a 2x Barlow. This is why a good Barlow can effectively double your eyepiece lineup for less money than buying many extra eyepieces.
The tradeoff is optical quality. Cheap Barlows can soften contrast and introduce glare. Good multi-coated Barlows preserve detail and can perform very well for lunar and planetary observing.