my first workshop prepared bat was my recently accuired Salix Pod 1. By the look of it, the bats seems to have been lightly oiled and pressed and then sanded again to get the whiteness in the willow back. I have tapped/knocked it with a mallet and only very minor dents appeared.
I had a look at the Kookaburra Ricky Ponting Kuhana (Kooks top end bat). It has a wave sort of a feel on the face as the bat comes factory knocked-in and ready to play.
I have not tried the Newbery bats with hammer Edge treatment, but hear they are knocked-in very well.
However, I feel it is more fulfilling and satisfying to put in time and effort to knock the bat yourself....