my oppinion of rebreathers is very much coloured by the experience I had on the drager atlantis dolphin I used in training... leaked constantly. the result being that water got into the breathing loop, reacted with the lime and I ended up at 18m+ inhaling a frothy acidic mix of water, very painful. I lost the bail out reg behind my head (my fault) and got into a big panic. Have to say it scared the hell out of me. Up until that point though I enjoyed using the rebreather, like going back to open water training though as the bouyancy aspect is completely different in so far as you cannot use your breathing to control it. I can see many benefits to the rebreather though, especially since if used properly it goves you an added benefit of redundancy in the bail out (if used properly).
As for the fully enclosed rebreather, I have yet to be convinced that any of the models currently available (and the buddy in particular) are not inherently dangerous.