Invisible Fist (Exemplars of Evil, p. 21) is a fantastic pair of monk alternate class features, and a pretty good justification for taking 9 levels of monk in a ninja-like character. The 2nd level ability is a single round of invisibility, and the 9th level ability is blink as the spell for rounds equal to your Wis modifier (min. 1). Both activate as an immediate action, and have the clause "You must wait 3 rounds before you can use this ability again".
But are these 3 rounds counted from the activation of the ability, or is it 3 rounds from when the ability deactivates?
I think it would be the former, since you "use" the ability as an immediate action to activate it, but I would like to know if there is some precedent going one way or the other.
This is most relevant for the blink ability, because if your Wisdom is 16 or higher you could have a permanent blink effect by overlapping the durations, but it's important to know for the 1-round invisibility ability, too.