baking wood, or toasting, changes the hygroscopicity of the wood itself by the early combustion process of hemicellulose molecules, which have a high affinity for water molecules.
toasting beech for example, reduces its equilibrium MC from 10% to 5% at an ambient MC of 66%.
Since drier wood is stiffer too (in compression), toasting arrows increases spine.
That's exactly the reason bamboo for splitcane fly-rods is baked during the manufacturing process.
For the technical info, see
http://www.primitivearcher.com/smf/index.php/topic,51962.0.html (and second page).
Since all woods contain hemicellulose, this affects all wood species. But there are strong differences in types of hemicellulose among wood species.
I noticed that some woods require a deeper / longer baking than others, for the same result. I long thought that my fir boards didn't respond well to heat treatment, until I forgot a slat in my pizza-oven at 300°C (but cooling down), and only recovered it after half an hour when I also removed the burnt focaccia I had tried to make. The slat had changed (on the belly side, which was lying on the oven stones) from cream to dark brown, had become concave at the toasted side. The change was dramatic and didn't disappear after some time.
So maybe if someone's toasting results only seem temporary, I guess this is due to a mere change in MC (and a rebound afterwards), and the toasting wasn't done long enough or hot enough to markedly affect the hemicellulose content and structure.