Not trying to argue, but I've seen & even done this MANY times.
A properly brazed lap joint or strapped butt joint will always be stronger than the base metal. This is because the braze is in shear. The stress applied is trying to pull it apart the long way, not through it's cross-section.
Some of it depends on the rod you're using, some have low tensile strength, others can have up to 80K PSI tensile. That's 14.3% stronger than a 7018 steel welding rod.
Take two clean strips of sheet steel, 14ga. or smaller, place them with a one inch overlap, & do a good, full braze. That's where it actually flows all the way through the lap & you can see a little on the backside edge. (equivalent to a 100% weld)
Now just use a hydraulic press or whatever you have handly & try to pull the two pieces apart. The steel will break before the lap joint shears every time.
Now clearly this won't work with 1/4" plate, but you wouldn't be brazing anything that heavy anyway.
Anyway, that's just my two cents. Lot's of people underestimate brazing.