I sort of understand why people perform these tests, but most of them really don't have any functional value, like AntDog said.
People want to believe that their knife will handle things that realistically aren't going to happen, like batoning with a folder. In the extremely unlikely case that you actually have to do that, one thing that most people never even think of when they do their tests is that you can simply disengage the lock of the knife and baton that way. If you do that, the lock becomes irrelevant, and the blade supports almost 100% of the shock, which honestly most decent-sized blades can handle for a decent number of hits.
In terms of the overstrike test specifically, I don't think it's the most reasonable of tests either, since most people with some common sense on how to use their knives shouldn't come into a situation where the overstrike can really occur. Sure, it sort of tests how the lock handles heavy vibration due to impact, but there isn't a whole lot of that happening for most knives, and the ones it does happen to are usually fixed blades (or probably should be).
Most people have very little scope of what their knives can handle anymore because people tend to do these very over-the-top tests. Really, most well-made folders can easily accommodate the tasks that 99% of people need them to. You don't really need a knife that you can hammer in a nail with. Sure, it's kinda cool that it can, but honestly, it's a knife, not a hammer, not a pry-bar, a knife, and its made to cut.