Ah, you need to read Brandt
I think some of of the metallurgical stuff behind stress-relieving is a bit of a stretch (if you'll excuse the pun) but it does work. I think one of its main benefits, by temporarily overloading the spokes, is to get them really straight and set the bends, so there are no soft curves that can flex in use.
Brandt claimed to have picked it up by seeing an Italian wheelbuilder literally walking on new wheels to stress relieve them.
Incidentally, the best wheelbuilder I've ever heard of was a guy in Swindon RC who built himself some 16-spoke time trial wheels, using 32-spoke hubs and rims but missing every other hole, and raced them for a season. Assuming it was a geared bike, there were only really 8 spokes holding up the rear wheel
