Rebuy Strategy: Rebuy or start over?

[justT]

You start a $5 rebuy tourney and immediately rebuy. Sometime during the rebuy period you get allin and lose. You notice there’s another $5 rebuy tourney starting in 5 minutes, so you now have 2 options:
1) Make a double rebuy and continue playing in the first tourney
2) Enter the second tourney and immediately rebuy when it starts

When, or under what conditions, would you be better off choosing option 2?