I'm one of them, with my Knew fret saw (for a good reason: it uses screw friction to hold the tensioned blade in place, and you don't want those screws worn out prematurely)!Jiggy Joiner said:Snip
I even know of a cabinet maker that slackens coping, and fret saw blades when not in use.

As I said, small or hobbyist bandsaws and narrow blades should deserve different considerations, and I'm not surprised that industrial type or huge bandsaws (metal or woodworking) may have different maintenance needs, just like a mining truck may be serviced and maintained differently from a SUV.
As I dug a little more on this topic online, I found many better known and seasoned woodworkers splitting on this issue as well, although I have yet to find any published materials (books or magazines or manuals) that suggest detensioning is unnecessary for any non-industrial bandsaws intended for hobbyists. Perhaps someone should do so, offering their reasoning and research data to support it.
I found someone quoting online a sawblade maker (Timber Wolf blades) saying this:
Suffolk Machinery----
"You are somewhat correct. We do recommend de-tensioning to reduce stress on the saw but more so to reduce stress on the blade. De-tensioning is more critical to narrower blades than wider blades although tension/strain is relative to the size of the blade and sawing application. We run as much as 37,500 psi on wider blades such as our 2" x .052 thick blade vs. 9,000 psi on a 1/4" blade. Therefore, we recommend it on all blades. "
Since everyone on either side is happy with what they've been doing, they should keep their practice.
Edit: Mark Duginske (who also patented the cool blocks, among other things) has this to say in his book (2007, 2014): "Releasing the tension is good for extending blade and tire life, though, contrary to popular misconception, it has no effect on the spring...."