If this were true growing would ONLY be about having or building the best soil possible. But it's as much of an over simplification as 'distilled water kills'.
Between the lines, water pH + soil pH =what a plant sees. (in all honesty, the plant sees whatever is in solution, so to be technical it may be more or less than the soil pH) If you've consistently using a specific watering pH then you're altering the soil pH over time. Quantity also matters because as you water-to-drain you're washing out old nutrients, lowering soil ppm (or raising it depending on your feed) etc.
Of course, this is what doing runoff tests and slurry tests is about.