While I am no PMag fanboy, I have had a tan windowed PMag I bought a few months after PMags were released and accidentally used last month, which had it stored fully filled for like 4 years without the cover (which was really included to comfort those of us that were highly suspicious of plastic mags initially).
I can't say that every PMag would perform the same, or that none would stretch, but I wouldn't think that they are any less suitable for 5 year storage than any other magazine.
Really, I don't see a need to have hundreds of pre-filled magazines stuffed in a box in a closet.
Go shoot that ammo. Should the apocalypse come, if you are all by your lonesome and you burn through 7 magazines without the opportunity to refill a few magazines from your ammo storage, one of two things has happened:
1) You bit off way more than you can chew and all those spare mags would just be a nice convenience to those that overrun you
2) If you had trained with 9/10ths of that ammo you probably wouldn't suck as bad, and wouldn't have burned through 7 mags in the first place, otherwise, see #1