To be honest Jeff, that's a bit technical for me. The logical bit of my brain would say that you would only get shinae on the side of the blade that has been compressed rather than stretched but that might be wrong as this is a flaw that isn't that common and that I've only ever seen in pictures. I don't recall seeing them on both sides of the blade but that isn't conclusive.
I understand that, if minor, they can be ground out but it is a flaw so again, using what passes for my reasoning, they would be removed if possible - I've just seen Rohan's post which probably sums it up pretty well.
Some more information on flaws in this thread and the third post has a picture from an old book which might interest you.