So, as far as I'm concerned, I would prefer to play in a no-rebuy tournament. My feeling is that it makes the tournament more straightforward and forces players to be more disicplined and temper their aggressiveness.
The Eagles here in Portland have two tournaments a week, with a $40 buy-in that is no rebuys on Tuesdays and a $20 buy-in with unlimited re-buys for the first three levels (1 hour) on Thursdays. The Tuesday is more "normal" and the Thursday is a real free-for-all with tournament pots sometimes three times that of the other, even with about the same number of people.
As a middle ground, there is a Saturday tournament up in La Center with a $50 buy-in, two $50 re-buys allowed through the third level, and a $50 add-on at the end of that round.
How do other players feel about re-buy tournaments?
Dedicated player of "Drew's Arlo" (Black 6, Red 4) in honor of the late Drew Podolak.