I was talking to my friend who is just getting into poker about late reging tourneys.  I said i personally liked to do it, and that it didn't cut down on my edge.  I was wondering if this is true.  I don't consider myself a great deepstack player.  I play mostly the $12 turbos and the $16 turbo 18 mans, so I feel more comfortable with smaller effective stacks.  Should I still strive to start tourneys when they open, or is late registering not that big of hit to one's edge as a MTT player?  just wanted to know what everyone thought