Intrigued by this... I assume there is some limit to the amount of un-bending you can achieve using this method?
Yes, there is. You are limited by thinning out the material in the deformed area using heat alone. But that's not the only method using heat.
When you flame straighten steel unrestrained you are essentially stretching out the thick side of the bend.
What you can do instead is combine the torch heat with a press. You heat the thin side then force the part straight in a press and then what you get is the area that got thinner when it bent, now gets thicker.