I think it works for the charity events because it's all about the money raised. I see too many opportunities for argument and debate in a ranked tournament where money is on the line. The weather could change, for better or worse. Giving one person 3 to 4 chances to get the best score, but not the same opportunity to a person who actually has other important stuff to do with their day. Everyone tries to squeeze in at the 3pm time and creates huge bottlenecks...
I DO like the idea, but I anticipate too much drama. Perhaps limiting the players to a max of 2 rounds is a good start on curing that.
2013 STLDGC Tag #107
2013 SCCDGC Tag #78