Let me respond first by posting a disclaimer that this is how *I* build my guitars....
I think it's very important for a number of reasons....
When you brace a top you can do a pretty good job of tap tuning it by shaving braces until you get the sound your looking for. But the minute you glue that top to the rim it all changes, your adding stiffness and mass to the top and it's going to act different, same with the back AND you must keep in mind that the back and top work together. The back may not be as active as the top but it does help in projecting the sound.
In my case when I'm bracing a top I don't want it to have a "high" bonk tone (I love that term) but rather a fairly low one. I don't thin the edges of the top but rather focus on getting the bracing right, and I leave the top a little thick.
Once I have the top attached AND the back on, I pull out my sanding tools and start working down both the top and the back edges, first I smooth and flatten everything down. Then I start tapping and sanding along the edges, what I'm listening for is how 'active' the top is, and I achieve that by thinning the edges to increase top and back movement.
If you think of a guitar like a speaker then you can see why I approach it this way, I also tuck my braces when builing but arch them down pretty thin where they tuck, this helps everything move as well. Another thing that I learned from Ralph Novax was to not let my kerfing be *too* thick, you want the top to vibrate at the juncture where it joins the top. On one guitar I ran side braces and placed the kerfing over those (so I had little feet sticking out into the top), I learned very very quickly what Ralph was trying to tell me, I had a hell of a time getting that top to be active (lesson learned)..
Anyway hope that helps
-Paul-