Before I really ask my question, I want to give my train of reasoning. Suppose we have some method of summation (as I understand, assigning a number to a series) that satisfies some or all of regularity, linearity, or stability, as defined in Hagen von Eitzen's answer to this question.
Suppose this method also assigns $1-1+1-1+\dots=1/2$---say it's Cesaro summation, or whatever. Evidently this method cannot admit rebracketing, because $(1-1)+(1-1)+\dots=0$ while $1+(-1+1)+(-1+1)\dots = 1$.
However, we can rebracket series that converge in the usual sense, even though they do not give the same results after rearrangement. Right? I think the limits of the partial sums $S_N = \sum^N_{k=1} a_k$ and $S_M = \sum_{k=1}^M(a_{2k-1}+a_{2k})$ must be the same---suppose that $S_N$ converges, and then evaluating for finite values of $N$ and $M$ shows that $S_M$ is a subsequence of $S_N$, so converges to the same limit. But $S_M$ is a rebracketing of $S_N$.
Therefore if a series converges, we enjoy the power to rebracket, which we do not have with Cesaro summation. However, in both cases, the axioms show we can still sum term by term, etc, so Cesaro summation keeps some nice things. What things doesn't it keep? Rebracketing appears to be an example.
So: What does a convergent series grant us that a series that is simply Cesaro summable (or otherwise) does not?
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I had some additional questions, which I found answers to here: Can we show that $1+2+3+\dotsb=-\frac{1}{12}$ using only stability or linearity, not both, and without regularizing or specifying a summation method?, but I'm leaving this paragraph anyway because comments refer to it.
As I was reading this link: http://www.nottingham.ac.uk/~ppzap4/response.html, where a physicist explains why some steps in a simple derivation he made were behind-the-scenes justified, one thing he says is that his manipulations do not contradict the three axioms, given in Hardy's Divergent Series. They seem to encapsulate linearity and stability, but not regularity.
- if $\sum a_n = A$ then $\sum ka_n = kA$
- if $\sum a_n = A$ and $\sum b_n = B$ then $\sum (a_n + b_n) = A+B$
- $\sum\limits_{n=0}a_n = A$ if and only if $\sum\limits_{n=1} a_n = A - a_0$
I'm sure that from axiom 3 (stability) we can obtain that if $\sum a_n = A$, then $\sum c_n = A$, where $\{c_n\}$ is just $\{a_n\}$, but with maybe infinitely many $0$'s thrown between the $a$'s. For instance $c_1 = a_1$, $c_2 = a_2$, but $c_i=0$ for $3 \leq i \leq 7$, and then $c_8 = a_3$, and so on.
Assume $S_1 = 1-2+3-4+\dots = 1/4$ in whatever sense we consider. Let $Z = 1+2+3+4+\dots$. It is not summable by any linear/stable method. But he writes
$$S_1 + 4Z = (1+0) + (-2 + 4\cdot1) + (3+0) + (-4 + 4\cdot2)=1+2+3+4+\dots=Z$$ $$-3Z = S \Rightarrow Z = -1/12$$
which requires stability. I suppose obtaining a "correct" value was a coincidence, then. He claims in the link they do not contradict the axioms, but the axioms don't hold in the first place.