Thanks for your addition TulaneBoy. I'm new here myself but if the new people don't post then they will always be new :)
What you described by heating in an oven is called Annealing. Tempering releases trapped carbon in the... I'm going to need a refrence here sorry:
"Tempering - The carbon trapped in the martensite transformation can be released by heating the steel below the A1 transformation temperature. This release of carbon from nucleated areas allows the structure to deform plastically and relive some of its internal stresses. This reduces hardness and increases toughness, but it also tends to reduce tensile strength. The degree of tempering is dependant on temperature and time; temperature having the greatest influence." (
Metallurgy Of Carbon Steel)
Check the site refrenced out if you like. It has a nice description of Martensite too, which is when you rapidly cool steel to make it harder.