I searched the forum for this subject and received one hit from June of 2010. I'm in a situation where the guy chasing me has players at 88%; whereas I have been resting mine off and on for the season and all of them are above 95%. His players show no sign of having this catch up to them (one of them just won players of the week for hitting over .400 for the week).
I searched the dev chats and players guide, etc, and the only mention of the downside of position player fatigue was an increased chance of injury. The forum post has a lot of guys saying they think it affects defense, but it was all so subjective.
Does anyone know why I should care if my stars are at 85% (despite the increased injury chance)? 'Cause I feel like a chump for resting my stars in the middle of the season.