I would change water weekly during a cycle, almost more so than later in the tank's life.
Why? I want my rock live rock. I didn't pay that kind of cash per pound to let it stew in Ammonia.
Besides, the bacteria that we're building up during the cycle process is by far attached to surfaces [like the rock, substrate, tank walls] and generally isn't found in water in great quantity ... thus changing the water won't do anything than drop Ammonia/Nitrite/Nitrate levels, which, for the `live' stuff on your rock, is a good thing.
If the bacteria were in the water in quantity, then you could cycle a tank by adding 50% of it's water from an already stable tank. But as it doesn't work that way [we wouldn't be removing a significant portion of the tank's bacteria, not at all], I prefer to preserve the life on the rock + change water regularly.
Once the big rock die-off is past, you don't need the massive bacterial populations to process all that waste - so IMO, letting the levels spike really high, in the long run, leaves you with the same resident bacterial levels - just higher levels for a few weeks during the cycle.
I dunno, just my take on it ... but I've never heard of problems from too much water changing. [too much life surviving on the rock?]