I just "stole" this info from another knife site that was written by a fellow who really understands a great deal about heat treating and metallurgy.
I was on a discussion about heat treating 1084, and specifically on tempering FULLY HARDENED 1084. I am using NO LINKS, nor am I quoting anyone:
You may notice that (I) often quote higher tempering temps than the usual, "375-400F", stated by many others. In years past, I quoted lower temps. I have done the research and determined that it is counterintuitive to go low for a sharper blade. Sharpness has little to do with hardness, but toughness has a lot to do with edge durability.
The purpose of the temper cycle is to reduce the unstable and overly brittle martensite to a more stable mix of structures. It also is to convert any unconverted Austenite to Martensite. These conversion come at the cost of a small amount of hardness, but yield an increase in toughness, and a reduction in brittleness.
Using 1084 as an example:
As quenched the steel will be Rc64....but is quite brittle.
Tempered at 300F it is Rc 63....and still pretty brittle
Tempered at 400F it is Rc 61-62... and less brittle, but not a huge amount tougher.
Tempered at 450F it is Rc 60-61 and getting a lot tougher
Tempered at 500F it is Rc59-60 and the toughness is rising still.
Tempered at 600F the Rc is 57-58 and it is spring tough.
Now, I don't know about you, but a RC 57-58 knife will get real sharp in my shop. The edge will hold pretty well, and the edge will take a lot of abuse before damage.
For a kitchen blade, which should receive much less edge abuse, is desirable to have a harderer and longer lasting edge,Rc 60-61 will make a top grade chef's blade.
The reason to temper at 400F( or lower) is not really defendable. 500F will get the blade within two Rockwell points of that, again, at the gain of a much tougher blade.
Now, as to time and repition:
The temper cycle is a function of time and temperature. Temperature has a much greater effect than the time, but there needs to be enough time for the conversions to happen. Some of these conversions take an hour or more. So, tempering for two hours is a safe time to use as a standard.
Running a flame across the blade and getting the spine to turn blue ( all done in 15-20 seconds) may well drop the hardness, and it will do some tempering, but it will not replace a proper temper cycle. It takes time to do somethings, and tempering is one of them.
Why repeat the temper if two hours is enough to make the conversions?
The retained austenite that is converting to martensite does not finish the conversion until it gets down to room temperature (actually by the time it gets below 200F is pretty much done). Then it is untempered martensite. It now needs another temper to temper it. On complex stainless steel with high allow contents, it may take three tempers to clear out all the unconverted austenite and temper it.
So a good procedure to follow is to temper on the higher numbers,two hours ,twice. It will work with lower temps and shorted temper cycles....but not as well.