In my opinion, it would be more beneficial if 5 pros and 50 beginners played in the tournament, so the beginners could learn from watching the pros play. They already know everything themselves.
Those who play as Equilibris will almost certainly not switch back, even for a single tournament. I don't know what kind of motivation would be needed.
Although, I tried it here. I remembered about the infinite poison and managed to kill 150 thieves with a level 1 hero and an imp. I had a good laugh.
There is experience in growth. Both general and personal.
Added 2 minutes later
It's logical, but it also needs to be widespread enough so that rejecting a flawed version doesn't negatively impact the tournament participants.