They're big changes to impose on the tank on a regular basis and their effect on the tank community would depend on the fish.
For example, a hillstream mountain loach would probably love so much fresh water, whereas a more sedentary water-type, such as a loach, might not.
Generally, I'd say that such big changes would not be harmful at all. Remember my point earlier about streams and rivers are always having their water changed?
There was a point earlier about possible damage to the bacterial populations, but I believe that as the aforementioned bacteria live mainly on surfaces in the tank and not in the water column, such changes shouldn't really make too much of an impact on them.