Vinegar breaks down, thats why it is not permanently cumulative.
I don't know how fast it breaks down, so you could potentially overdo it before it breaks down, you can always test your soil to know for sure. Based on what CoPlantNut is saying, sounds like a couple of days, so chances of overdoing it are slim.
I would recommend a stable consistent pH over a high-low pH method of watering.
Jay, test strips are easy and cheap to come by,
http://www.amazon.com/Packs-Paper-Litmus-Strips-Tester/dp/B008IBOG7G/ref=zg_bs_3013605011_3/179-7340338-0136739They are not utterly accurate, but will get you in the ballpark. You could get anal and use the mole thing, but brute force testing would probably be quicker.
Add vinegar to water, stir and test. Once you learn what ratio is good for you run with it. Your tap water is unlikely to see much of a shift throughout the year (may depend on whether your water source changes throughout the year.)
I use it mixed in with Foliage Pro, I figure the plant stands a better chance of nutrient uptake with a short term dose of acidification.
If you want to work on the soil pH, use a sulfur drench. I would guess that mulching with acidic materials would only work as they broke down. You could potentially have low pH at ground level and high pH down deep.