You are missing a few things:
1) Input at 350mA isn't an indicator of capacity. It's how long the charger pushes current. I've pushed 25% more capacity into packs than the cycles you posted, and they yielded what they yielded independent of input (provided input exceeded what came out). The Genesis One has more advanced termination criteria, but I wouldn't regard it as an absolute.
2) Voltage depression (VD). It reduces capacity. Cycling eliminates this by consuming the capacity at the VD levels - below 1V/cell or 120V at the pack level. This is the purpose of grid charging and pack level discharging.
2a) You have X mAh of capacity at > 1.0V/cell and you have Y mAh of capacity at < 1.0V/cell (VD capacity). You improve X capacity by consuming X and Y capacities where X2 = X1 + Y (roughly).
3) Load resistance isn't constant. R is a variable. Light bulb V to I ratio is not linear.
4) Given #1, Y capacity is consumed at lower voltage and thus lower current, e.g., 1000mAh of capacity consumed at > 120V is at higher current and thus takes less time than capacity consumed at < 120V.
As an exaggerated example, using a HA automatic discharger that steps down the current at various levels (like swapping light bulbs), a severely voltage depressed pack may take 12 hours to discharge to 0.8V/cell. Subsequent discharges take 4-6 hours since the bulk of the capacity is extracted at higher voltage/current. All cycles extract similar capacities.
I don't know what the Genesis One logs, but time to 120V would be a very useful measure. If D1 to 120V takes 3 hours and D2 to 120V takes 3.6 hours, that's direct evidence of improvement. When you lump >1.0V capacity and <1.0V capacity as a single discharge time, the evidence for improvement is less conclusive.
As I indicated, nothing jumped out as negative. The data indicate that the pack did not experience a substantial improvement in capacity (about 16%), which is low for a pack with a lot of VD.
Maybe it will help for me to add that the battery may not be in a state where it will benefit from reconditioning, which may be good or bad.