Got it. If you're going to rinse, use pressure cooked water.
Also, if one is planning to store yeast under sterile distilled water, it needs to be centrifuged yeast; otherwise, there is no advantage to storing yeast under sterile distilled water.
Chris even admits that it is generally accepted by the brewing community that yeast is best stored under beer in the same article.
"Yeast is a living organism and is most happy and healthy when feeding on wort sugars. When fermentation is complete, yeast cells flocculate to the bottom of the fermenter. They then go into a resting state. Yeast under beer is fairly stable, and most brewers agree that the best place to store yeast is under beer."
His advice for using yeast that has been sitting under beer a while is also a generally accepted practice.
"The best thing to do for yeast after it has been stored for two weeks, if it tests clean, is to add some fresh wort before using it. This helps to restore yeast strength and ensures a successful fermentation. Simply pour off beer that has separated from flocculated yeast, add fresh wort at 9° to 12° Plato, and let it sit at room temperature for 10 to 20 hours. Assuming yeast activity was evident in this 'starter' or 'activator,' pitch into fresh wort as usual. This is also useful for slurries that are 55 percent to 90 percent viable; this method can "nurse" the slurry back to health."
Storage time
"How long can yeast be stored? It's best to use the yeast in one to three days. Again, this is often not possible, especially if multiple strains are being used in the brewery. The magic number seems to be two weeks. If you reuse your yeast in less than two weeks, you usually will have no problem. At two or three weeks you may or may not have problems. After four weeks, the viability of yeast slurry is usually 50 percent or lower."
If bacteria growth while in storage was not a concern, Chris would not have included this paragraph:
"As yeast cells sit in storage, they consume their glycogen reserves. Glycogen deprivation weakens their cell walls and makes them more susceptible to rupture. Cold temperatures retard this process, but you should avoid freezing yeast, as ice crystals also will rupture cells. The ideal storage temperature is 33° to 38° F. When yeast cells rupture, they release their contents into the liquid phase. Bacteria can feed off the nitrogen released in this process and multiply rapidly. So the yeast slurry needs to be as free of contamination as possible when stored. Cold temperatures also will help retard bacterial growth. "