Most people I've talked to leave their water sit before adding nutes for a day or so. The main reason for letting the water sit out is to let any chlorine or chloramine evaporate out. Especially in an organic situation chlorine can be very bad for the microorganisms that are driving the soil. Even in a non-organic grow, though, chlorine/chloramine is not the best thing for the plants roots. Bubbling with an air stone helps speed up the process and keep the water nice and oxygenated, but is optional. There is also some purpose to sitting out to normalize the temperature of the water. For example, in the winter the water in my house will come out the tap at a very chilly 47 degrees or so. So about the same as the temp after sitting for a few days in your average refrigerator. Hitting roots with that water almost straight from the tap would be a BIG temp shock. Letting the water sit lets it come up to room temperature IF you have overly cold water.
For most I've talked with it's let it sit out overnight, then add nutes and other additives, then adjust the PH, then give to the plant.