I have often wondered, is 200 hours of break in for the component or for your brain/ear to come round.
There really is something to it. We can measure differences in power supplies after the break-in. We use electrolytic capacitors (no choice on that BTW); I was told years ago by a Cornell-Dublier engineer that the electrical charge on the electrolytic slowly forces water vapor out of the capacitor as it 'forms up' and becomes more efficient. One example of that that is easy to measure is the difference in current inrush. Early on, we've seen it blow fuses that later on there is just no way that fuse is going to blow. At the same time we can see higher power supply voltages. So filter capacitors forming up to the voltage at which they will be used is part of the process.
But that does not seem to be the whole picture. There seems to be something with wiring too- when we disturb an amp or preamp's wiring during an update, it seems that that unit is unhappy about it for a while. Sometimes it might take a few weeks to come around. Unfortunately, we've yet to sort out a way to measure what this phenomena is, although the fact that it is occurring is easy enough to measure if you simply put a microphone in the room and take some frequency response and distortion measurements, then compare 'before' and 'after'. But I would like a way that gets me a little closer to the cause.
With new equipment that first 24 hours is the period that we don't really want anyone but us to hear what the amp or preamp is doing. The sound is stilted and not really that impressive. As time goes by it does seem that overall the equipment gets more lucid. It does not seem to be simply the ear adjusting to the sound over time, although I am sure that occurs too. Again, I would really like to get a better handle on what break-in is all about. We've been at this for 38 years and deal with the phenomena on a consistent basis. Its irritating to be able to consistently hear something but not to have good tools to measure what that something is!