Hi Franc, Yes I've seen that and noticed the effect. But since the 5 volt rail is or used to be the most critical to circuit function that is the one that is usually most heavily controlled. You can pull the 12 volt rail voltage around quite a bit without much effect on the 5 volt one.
A 5 amp step load on the 12 volt rail (ignoring transients) has almost no effect on the 5 volt rail. The reverse is not true though as you show.
But its very much academic if the PSU is functioning correctly. Bad caps seem to be very much the cause of most PSU ills judging by the number that seem to blow up with regular monotony ! Though I don't bother repairing them nowadays, it being more cost effective to throw them in the scrap metal bin and fit a new one.