Thanks jaypartain! Now that's an explaination I can buy into... not the lame explaination in the Commentary: "It reflects two interactions: load-sharing or redistribution of load among framing members and partial composite action of the framing member and the covering material."
To be quite honest (I don't do a bunch of wood design), I wasn't aware that the repetitive member factor only applied to dimension lumber. It's curious that when I select Beam - LVL n-ply in Woodworks Sizer (v6.4), it activates and selects the repetitive member check box! It also does it for Lumber n-ply, regardless of the number of plies... kind of a fake-out.
Again, learn something new every day!