The first in an occasional series of postings on what Internet blowhards say vs. what has actually been found to work. [Many of these "experts" haven't built their layout yet, of course, so they are free to opine without the inconvenient reality of experience.]
Theory: Many real-life railroad yards did not have separate yard leads, so they don't belong on model yards. Anyone who uses yard leads is simply following what other modelers have done like a bunch of brainless lemmings.
Practical experience: After one has helped build layouts, design layouts, and operated on many layouts, one will observe that most model railroaders run much larger numbers of trains in a given period of time through a given physical plant than would the real-life railroad. Yard leads are thus a concession to this density of traffic, necessary to keep these high levels of traffic flowing through yards and onto our always-too-short main lines.
The presence of yard leads on many successful layouts is an indication of their utility, not a case of mindless lock-step copying.
Verdict: Except for very low-density one- or two-train-per-day branch lines and terminal switching layouts, yard leads are often worth considering to ease traffic flow and allow more operators to have more fun on a given physical plant in the model -- especially given our short main line runs.
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Hey, if you want to model bollixed-up yards and have your operators standing around twiddling their thumbs, more power to ya'. I'd rather have the traffic flow -- call me crazy!
Don't know what constitutes a yard lead? Craig Bisgeier's site explains.