I need to know as well. Update: I just had the FOURTH catalytic converter replaced.
I pressed the service guy at the dealership — hard. I asked what the GM folks said the problem was. He just indicated that they received new firmware that automated the break-in of the converters. They had instructions before, but previously, the process was manual on their part. He thought that this was not a big enough problem (statistically) to warrant a deep investigation. I indicated it should be rather cheap to assign an engineer to investigate, as they already have them on staff. This is an unsatisfactory answer to the questions.
My hypothesis (which is little more than a guess):
It seems that materials are layered inside the catalytic converter. Each material has its own coefficient of expansion. When the converter heats up, every piece expands differently. It is possible that the break-in allows all the components to settle in with each other. If done incorrectly, the sensor would register a failure in the form of delamination that would decrease the effectiveness.
Conversely, break-in could be done in the factory with air before putting it into a car. Also, why four failures in this car?