Umm... I guess my "wonder" level isn't that great...
As you probably know with the RC racing crowd in the Mod classes people would drain 3300 mAh packs in 4 minutes, so the drain was at a extremely high rate. The main reason people didn't run a pack twice in a day was that on the second run the 'punch' or perceived ability to produce that really high output was reduced. With really good drivers they apparently could see the differences in their lap times, particularly in the opening laps of the races.
Several of the battery 'matchers' would also give their recommendations as to how to treat batteries, and they tended to give some indication as to if they felt you could use the packs more then once a night. Now I suppose they could potentially sell more packs if they told you only to use one each race day...
I had always heard that it was not so much a matter of the pack cooling down, but more that the chemicals and such needed time to normalize. In fact I had frequently heard that running fans on them to cool them faster wouldn't help any. The only time I new of people using fans was in an attempt to keep the shrink wrap from melting. Either way I had always figured we were totally abusing our cells the way we used them, and I rarely used my packs more then twice a week, in hopes that they would have the maximum output on the off chance that my car would actually hook the power to the track and I could handle it all.
Now for back yard bashing, I frequently ran packs over and over just letting them rest long enough to get cool . But then I never tried to measure the ouput levels on any of these occasions.