When mechanical engineers discuss 'SLC' of aluminum tanks, particularly 6351, it is usually in the context of cycling although they sometimes make oblique mention of storage conditions as well. However, the culprit most certainly is cycling as this involves repeated flexing and temperature stress. Luxfer and British ALCAN have cited divers who overfill aluminum tanks. Personally,I have used aluminum tanks since 1963 beginning with Navy 90's and then the new USD aluminum. When I bought the USD aluminum I was aware that they were not made of proven Navy alloy (6061) but some new stuff stamped with a scary special permit from the DOT. I decided not to overfill and particularly not to hydrotest these new tanks which would require 5000 psi pressurization. Call me psychic but I didn't trust them. However, I felt they would be safe in the special static application I had for them, especially if I inspected them regularly. In summary, I wish to restate that the term SLC does not necessarily imply a particular handling or usage or storage per se but that it is often used in context of multiple pressurizations, fast fills, and thermal stress.
Edit: Oh, oh, forgot to mention. At a YMCA instructors conference in 1980, I raised the aluminum tank safety issue but was told that there had been no documented failures. They were pretty adamant. Hoo, boy.