Timeouts are incredibly unfair in a tournament situation. If you play a hard fought game against one player and time out against another, the tournament integrity is compromised.
I can give you an example if you like, but I guess I don't really want to publicly name someone who timed out in a bunch of their tournament games... :-)
I am a USCF registered chess player. I've played in several tournaments, and although I don't have a high rating, I have play the game, and despite any losses I take, I have fun. And all I needed to do was register.
I enjoy Chess.com. It's a great place to have a good game of chess, whether you are just learning how to move the pieces or if you are a GM. I do have a problem with it, though: The tournaments are incredibly selective. First, when you join the site, you have to play at least five correspondence games in order to join tournaments. This was incredibly annoying to me. I can see no reason why such a rule would be necessary. So, I decided to go with it, and I played my five games. I attempted for a second time to join a tournament. The message that popped up was "You must have a time-out percentage smaller than 10%." My response: Why? So, at last, I tried to create my own tournament. Apparently, I need to have a time-out percentage of less than 5%. That is what prompted this post.
I want to play in tournaments. I like playing in them, and it's fun to get first. But Chess.com makes it impossible to get that fun. And after all of the qualification processes the site makes one go through, there is the rating requirements, as well as all of the different personal qualities that the tournament hosts want. Even after my time out percentage drops (I only missed one game, by the way, the others were not my fault), there are going to be a lot of tournaments I cannot join. Why does Chess.com need all of these different requirements? And can they drop them?