I doubt it’s critical.
Pre-shaping reduces the amount of grinding needed to finish the punch after hardening. The saving may not be worth it because not much grinding is needed to finish a centre-punch.
Not pre-shaping makes the heat treatment less risky. Ideally Silver Steel should be heated so the metal hardens and tempers equally. Achieving consistency is easier if the Silver Steel isn’t shaped because heating with a blowlamp risks heating a low mass point faster than a high mass body; a sharp point might reach white heat and burn long before the body reaches red. Though the operator can manage the blowlamp so heat is applied evenly, it takes care. Differential cooling might also be a problem due to the point cooling faster than the body on the way to the plunge, or over-hardening in the plunge – again due to lack of mass. And tempering with a torch risks an uneven temper. Better to soak the item in an oven and let it cool slowly.
The complications are counterbalanced by using Silver Steel. It’s formulated to harden and temper with minimum fuss and without special equipment. Does a good job, so, in practice, shaping versus not shaping a centre-punch may not make a difference.
Gets more interesting when a centre-punch is heat-treated throughout as Jason suggests. The goal is a sufficiently hard point that isn’t brittle, supported by a shank where the heat treatment deliberately left the steel tough, not hard, at the hammer end.
Dave