This works like a dream if your edges are a bit harder than you prefer (not burnt!!) Every once in awhile even when my cake is baked perfectly the edges are a little hard..I really don't like trimming them because it alters the size of the cake. Here's what I've tried and it works great!! Once your cakes are out of the oven and are just warm to the touch wrap them in plastic wrap for 2-4 hours (or if possible over night). When you unwrap them VOILA your crispy edges are now as soft as the resat of the cake
!!!
Thanks for posting that. I made a german chocolate cake this weekend and the edges were not all the way right. I trimmed them. I will use this in the future.
Glad to help....I actually found out it worked by accident! I had baked my cakes and the edges were crispy 
but I was going to ice them when I realized I was out of Confectioners Sugar...so I could not make my icing. So I wrapped the cakes overnight until I could buy the sugar when I unwrapped them I was thrilled to find they had softened. I've done it ever since
Also I found if I use the homemade cake release my edges are not near as crispy if you use the non stick sprays. It has made a huge difference in not only the top edges but the sides and bottom of my cake.
For those not familiar with homemade cake release, it's equal parts shortening, flour and veg oil. Mix it good and apply to pans with a pastry brush. It's awesome and no mess
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