Vince Bustillo
Straight
I absoultely hate this rule. Here's an example why -- let's say I buy in for $40, get dealt AA, get it all-in preflop, and get bad beat and lose. Rebuy for $40 again, get bad beat again, and now the host tells me I can only rebuy for another $20, and if I lose that $20, whether a bad beat or not, I have to leave the game!?! Makes no sense. I've played in games before, where I lost my first 4 buy-ins, but was able to make it all back, but I wouldn't even have the chance to do that under these rules.
I prefer to 'shut down the excessively agro deep pockets' by playing better poker than they do (or at least trying to play better poker). If hosts of some of the games I played in ever tried to 'shut down the agro players' with such a rule, the regulars would mutiny against the host. Agro players are the types of players that can make the game exciting and drive the action.
If your player pool is a group of more casual friends that likes playing smaller stakes, I'm all for lowering the blinds and/or lowering the buy-ins (to say $20 or $30), or playing some variant of Limit poker instead of NL, not by assigning an arbitrary cap to the total buy-in amount per night.
AWenger, I would never shut down rebuys. In my game, you can rebuy as much as you want I'm just trying to reduce the small guys getting pushed around. I ended up doing a max $60 buy-in with unlimited rebuys. This ended up being pretty good for everyone that showed up.