Here is a good, relatively recent survey article on yeast stress factors that has references that you can check for more information.
Nutshell version: stress factors of all types affect yeast healthy and viability. The drying process introduces yeast stressors that should be removed from the cell upon rehydration; if these stressors are not removed, viability will be reduced. The medium in which yeast are rehydrated has a direct effect on how well the yeast remove this stressor. Furthermore, just after rehydration, the yeast are like Han Solo getting out of carbonite; they can't sense very well so they cannot tell the difference between toxic and non-toxic material in the medium (see here). Thus, water is an obvious choice for rehydration, and experimentally, water has been shown to be a much better medium for this than wort.
yeah yeah, some scientist in a lab proves its true but this homebrew so we should all relax, not worry and drink some. These guys also experimented and didn't find much difference between sprinkle vs rehydration:
http://www.basicbrewing.com/index.php?page=basic-brewing-radio-2011 (search "rehydration") and here http://hwcdn.libsyn.com/p/1/a/e/1ae...25768480&hwt=d42cb86c71826349afb787d19df12215
If you are new to yeast handling or have questionable sanitization issues, you are much better off just sprinkling. Sprinkle on a second pack if you are concerned. If you aren't new and are so concerned about perfect yeast health, then why are you using dry yeast?