This isn't exactly what you guys are talking about, but just in case it helps anyone else:
I was having some (severe) overheating issues a while back, and bled the system 3 or 4 times without any improvement. Did everything anyone said... car on an incline, car level, rad cap off, rad cap on, etc. - sometimes the temp would stay down for a little while, but went back up before too long. Eventually figured out that for whatever reason the lower rad hose was never filling with coolant (no, rad wasn't clogged - brand new, actually). So I primed the hose by disconnecting from the pump and filling directly with coolant. Reattached it, bled the system again, and the problem was fixed.
I still can't figure out how that solved the problem... or why that bubble didn't bleed out.
I blame it on voodoo.
