Without term limits, a lot of the time we would. I think it's also safe to assume we would get more parties running closer to the actual center, which is much to the left of what is currently thought of as the "center". The parties would have a shorter list of differences between them and even in the event of rapid cycling it would be somewhat less jarring.

It doesn't fix the core issues with dead-end liberal electoralism don't get me wrong, it just takes away some of the tricks they use to manufacture consent. They would never allow it.