I do it during long-term storage to keep as little constant tension on the spring, be it a coil spring, liner-locking bar, integral-lock bar, kicker bar, what have you. The only two mechs that I can think of that don't really differentiate that much tension-wise in either the open or closed positions are the lockback and the Axis lock. There's likely some more.
In the instance of autos, not only is it taking tension off the spring, it is relieving whatever locks either the blade or the spring in it's closed position.
Professor.