After working out for a year, my binders got bigger, but I didn't need to bind as tightly because my body shape made them just look like pecs. After awhile, they don't really look like breasts anymore, just kind of sagging extra tissue from your pecs. If you check out Garramone's youtube video of before and after pics, you can see this on a lot of the more muscular guys.
Of course, these kind of effects are probably for guys size B and smaller.