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In a PokerStars $10+$1 rebuy tournament, I might expect to get back about $30 for my initial $11. From the immediate $10 rebuy, I expect to get less than $30, but much more than $10. It still looks like a good deal.
Rebuying immediately makes sense for a good player because there are so many wild players, and you want to have the maniacs covered. See
this example.
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I hadn't thought of that. I don't play many MTTs and I was posting my impression on what I thought was the consensus. Thanks for clearing up that misconception.