Well, After reading that a couple of times... I'm not sure!
In this image the flanged bearings are held in place by the flange on the OD. The inner races of the bearing are free floating. Assuming the axle has stop of some sort on the left, and a nut on the right, there will be preload applied to the inner races as they get pulled together. Too much preload will lock the bearing up. Radial bearings of this type are most happy with little to no preload applied. If there were nothing on the axle to limit how far the inner races can move together, then preload is determined only by the guy (or girl) with the wrench on the nut.
In the drawing below the bearings are held in place by the axle and hub and tightning on the axle nut will only apply as much preload as the setup allows, regardless of how much torque is applied to the nut.
The same thing can be accomplished by putting a tube on the axle (the size of the inner race only). Flanged bearings or straight radial bearings would be the same, if the hub had a shoulder the same depth as the bearing width, on both ends.
You can see the effect of preload. as it changes the contact angle of the balls. None of this stuff applies to taper roller bearings, BTW.
If yer suffering form insomnia, let me know I can post up some tech BS that'll knock ya right out!