The sleeve is just as hard after 5 gallons as it is when you pull the engine out of the box, I don't believe there's any significant tempering taking place. Chromium is extremely hard already.
I'm totally with Robin on this one. I believe it's a waste of time, and you're basically forcing the engine to break in. In my opinion, the best way is to fire it up and run a few tanks non-stop. The most important thing is to reach an ideal break-in temperature and run slightly rich for as long as possible. That way the engine can break in without the extra tightness (pinch) that that you would feel when turning over a cold engine. It's easier on the new conrod, bearings, and piston/sleeve set.