I would say that we see more problems from over tightening bolts than under tightening them. Most baffles made of a non resonant material are soft and can be compressed between a bolt and a driver frame, so it's normal for a bolt to "feel" loose. It may not necessarily be so. I have seen some speakers that are 10 years + old have a loose bolt or two- but I cannot recall anyone sending a speaker back to us for repair solely over these loose bolts. I would say if they are tight by your hand, using only your fingers, that's enough. If you put a big long wrench on them and tighten them until you cannot tighten anymore, you've gone way too far. I would expect tightening bolts with a big wrench twice a year will likely destroy the baffle in time; I have actually seen this in our ATC service department where we had to replace a baffle from over overtightened bolts.
One might jump to the idea then why not make the baffle metal or some other non compressible material? Super hard baffles have other negatives (such as resonances) to deal with that can be far worse to sonics than a loose bolt.
Lock tite makes it challenging to get the bolts off when to comes to replacing a driver. Ive seen my service techs struggle over this too, even to the point of sawing the bolts off to replace a damaged or blown driver.
Brad