Hey
@Seeking Alpha Social Club, I'm late to this thread, but what's the start time?

(Actually, I probably can't make it next weekend, but probably up for some other time if you need any players.)
I agree with your second statement, but not the 1st and 3rd -- I've played in some very loose private games, where there were almost as many, if not more, green chips than red chips on the table at the end of the night. The games are 1/3 with a rock, but play more like a 5/10 or 10/20. We're talking games where people might sometimes straddle all-in for their last $150 or so (or more). Or every once in a while, straddles go 1/3/10/20/40/80+. In that game, it doesn't matter if they're red chips, green chips, black chips on the table. [Pro-tip: it's easier to make a decision to straddle all-in for $200 if you're only putting 8 chips into the pot instead of 40 chips.] But I will agree that it's often player dependent, so different games play differently.
In some of these games, starting stacks are basically 2 to 3 barrels of $5 chips to each player, then added green chips on top of that for the total buy-in. Rebuys were often done in all green chips, and if they ran out of green chips, black chips. I think that game had around 3-4 racks of $5s and 4-5 racks of $25s in their set.
Here's a story -- one of the guys who ran the game often played in it, and is a good player, but is also aggressive at times, and could make big bluffs, and could easily win a lot or ship a lot. His rebuys were often $1000, all in $25 chips. At one game, one of the other players was using a new card capper that was a tiny Lego figurine of a person, with a green thing in each hand -- I asked
"what's that?" -- they said,
"that's Joe after he gets stacked, coming back from the chip cabinet with a barrel of green chips in each hand." Lol. That had the table in stiches. (note: name changed for privacy)