Boy, did I get in on this late. Sounds like you all are having quite a good time. Insults and trash talk and flaming, oh my.
If I was a beginning brewer, and someone told me (calmly), that I could use bleach as a sanitizer, but that I would have to rinse it several times to reduce the smell, or, I could use Iodophor (or Starsan or whatever) and not rinse at all, I never would have used bleach as a sanitizer, ever. No rinse sanitizers are effective, fairly cheap (no, not as cheap as bleach, but we're talking pennies here), a huge time saver, and a real plus on the contamination reduction part of brewing. There can't be any argument about rinsing after using bleach. I don't even like the smell after rinsing with tap water because of the chlorine content. Plus, your rinse water is definitely not sanitary, so rinsing does seem to be a bit counter productive. Do people get away with it? Of course, otherwise no one would be using bleach. But why not take prudent steps to eliminate every variable that you can, plus save time? No rinse, baby, the only way to go.