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[QUOTE="doops, post: 1490150, member: 59356"]
I do understand your point.  I used to join a tournament that looked like it was going to pay out really well (say, a min # of winners in a satellite that was, at the time the tourney started, much better than 10%), but then the late folks showed up and the tourney turned into more of a normal tourney instead of a shoo-in.  Sad when that happens, but ... you do get used to it.  
 
Sometimes, the tourney stays pretty easy -- yesterday, one of my fave sats, which has 300 seats guaranteed and, at worst, has about a 20% payout, only had 900 entrants.  That [I]never[/I] happens -- what a break! (OK, I failed at the main tourney, but that's another story and I try not to whine.) 
 
Anyway, learn to [I]expect[/I] the late reggers, and, if you are on time, build that stack while the donks are bleeding off their chips.  You only care about the latecomers when you have lost chips -- you don't care if you have already doubled or tripled up.
 
As for regging late yourself -- 5-10 minutes is not a disaster.  Regging after the tournament has been running for 30 minutes+ is dopey.   Your starting chip stack is far below average by that point.
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