I'm not sure there are no evidences of the process. Wooden acoustic instruments do sound better with the time (?)
A discussion is open whether this applies to solid body guitars as well, considering that (unlike acoustic instruments) the wood of a solid body subtracts frequencies to the string rather than adding any.
OTOH, subtracting freqs is a way to generate the overall tone too, but it is true that in a solid body the neck and the PUs are responsible for the most part of the guitar's timbre.
No real conclusion from me here, except that while I'd recommend it for wooden, acoustic instruments, I'd not spend my money on it for a solid body.
QUALITY BUILT acoustic instruments.