Unfortunately that line of thinking doesn't actually work.
As soon as you heat the blade up past critical temperature, all the pearlite (softened strucutre) you created in your annealing transforms into austenite (think if it as a "transition" state), basically undoing the annealing anyway. The rate at which you cool the blade once in the austenite stage will determine what final microstructure the blade takes. If you cool things quickly enough (quench) the austenite will transform into martensite (hardened structure of steel), if you cool things more slowly, the steel will transform back into pearlite, or a combination of pearlite (course and/or fine grained) with some martensite, or even some bainite..... depending all on the rate of cooling.
So essentially the structure you created before heat treatment goes away (not completly of course, things like grain size can be affected by previous heat/cooling applications, etc) as soon as you heat the blade up to austenizing temperature (critical temp). So again, that annealing cycle is pretty worthless, just an extra cycle to create more decarb, possible grain growth, and if you are annealing well, requireing a much longer soak time to ensure all the ferrite and cementite (iron and iron carbide, which makes up pearlite) diffuse properly when at critical temp.
Now if you only heated the edge (say with a torch) it is possible for that structure to reamain in the spine of the blade, however I'm not a big fan of trying to torch heat a blade evenly, without over-heating.
Its all about how fast you cool the blade from critical that determines your final microstructure. You need to understand firstly what a TTT [Time Temperature Transformation] (or IT [Isothermal Transformation]) chart is, and what it shows, as well as what all the various microstructures of the steel are and what they physically mean, and in doing so you'll come to understand a bit more about how and why steels harden in certain instances and not in others.
I'd write pages trying to explain it all here (and have written pages on the topic, they are on my website under tutorials)
Additionally I recommend for a more thourough explination of things, you read the Verhoeven paper on the subject
http://www.feine-klingen.de/PDFs/verhoeven.pdf
And take a look at Mr. Cashen's website as well, he has some very good information regarding the metallurgy of steel.
And a final note about the JS test. While a great deal of it rides on the heat treatement you give the blade, that is not the only thing to worry about. The blade design itself has a lot to do with the performance of the blade. A significant portion of the blades performance in that test also comes from the blade geometry itself. Things like spine thickness, distal taper, thickness behind the edge, edge geometry, etc. will dictate how well the blade can flex, how well the edge will hold up to chopping, how well the edge shaves, etc. Paired with the heat treatment of course. A big thick blade is not going to flex as easily and will have greater compressional and tensional bending stresses on its outer surfaces (meaning larger risk of failure). A chunky fat edge will hold up to chopping great, but may not cut a rope very well, and may not shave hair. How long the blade is will also affect how well it chops, but also how well it flexes in the bend test. etc. etc. etc.
Just some more things to think about.