^
I thought the same thing when thinking about it yesterday but I wasn't gonna say anything, cuz it seemed more than just a little bit weird. Great minds, eh?
To answer your question, no it doesn't precipitate the tannins. Bentonite or activated carbon will ADsorb the tannins and other insolubles. Adsorption is not absorption. Adsorption is a surface based bonding process whereas absorption occurs through permeation or solvation.
"Laws alone can not secure freedom of expression; in order that every man present his views without penalty there must be a spirit of tolerance in the entire population." -Albert Einstein
I'm not a big fan of SWIM. I mean, I've never met the guy, but any time I hear about him, he's doing something sketchy.