Jim,
I suggest that you use sub-harmonic stress relief immediately before heat treating your large steel pistons. It is a mild process that itself does not cause any treatment distortion, plus, more importantly to your case, sub-harmonic processing relieves any thermally induced stress which if left unaddressed before heat treating, would cause treatment distortion following the heat treating. Our own studies have shown a decrease in distortion through the heat treating process by as much as 70%. So in effect, the heat treating operation is a lot like machining, if the workpiece has stress in it before heat treating, then there will be distortion following the heat treating process. This sub-harmonic process is used frequently to help prevent distortion caused by heat treating.
By the way, sub-harmonic stress relief is already being used on landing components.
As far as using the sub-harmonic process to reduce the distortion that is caused from peening, that's different. I am not optimistic that you would gain anything in using the sub-harmonic procees for this aspect of your application. That's addressing "mechanically induced" stress which is outside of the capability of the sub-harmonic process to control.
Best of Luck
BTI Guy