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I've never heard of a rebuy limit event... is this common for TD 2-7 tournaments?

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Ive never heard of that either. I spoke to Daniel Negranu about it because I thought it was asinine, he said he was one who lobbied for it. They wanted to keep the buy-in low and increase the field, but give the pros an edge because they could afford a bigger risk compared to the 2-7 specialists you find online. if i knew Daniel I would have told him something not so nice, but it was pointless at the time - its obvious his intentions were to make a good situation for himself, not the field or the WSOP itself. One thing is for sure, it wont be a two day event as scheduled.