not having been in the situation, I would have to say that it would depend a lot on the dive, and when/where i found the dive buddy. If it were Lamont and I on an easy tech 1 dive, and i watched him go limp or start seizing in front of me, I would likely take the gamble and make a controlled ascent, get him on the surface and start sucking O2. If I were on a 'big wreck' with a lot of deco obligation and a heavy helium mix, it would be a more difficult decision.
one of the problems with going back down for IWRC, is that if you are on a charter boat and the boat needs to mobilize to make the run to the dock, or convene with a rescue transport helicopter, having divers in water will complicate issues. if there are still divers on the wreck, and the boat can't cut free, thats a different story, but having run a charter boat, my preference would always be to get all the divers out of the water so i KNEW where everyone was as we start running the emergency evacuation algorithm. If i know someone's blown all their stops, the last thing i want them to do is be underwater hanging out without a healthy safety diver to watch them. I don't need a second fatality or lost diver. Of course some of this changes if you are out in the middle of nowhere, or are cave diving, but out here in the northwest, coast guard can scramble a bird and get to you pretty much anywhere in the sound in well under half an hour, and the one time i saw a scramble from Port Angeles, they were onsite in less than 15.
one thing to consider when thinking about rapid ascents is what helium mix you've been on and for how long. I think in my mind, that becomes part of the dividing line between T1 and T2.
this is something you'll talk about with your team ahead of time though, one would hope. and you'd have a plan in place for the dive du jour.