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First things first, I wouldn't play this tournament if you aren't rolled for it.
With that said, I've played a few of these tournaments and here's what I've noticed. Firstly, there are some genuine fools early on...people that are pushing 5000 chips at the 10/20 blind level with AQ-AK or JJ. If you can identify a few of these before you go broke, you will sit in a pretty good position.
Next, you have incredible implied odds early on in this tournament. You actually have chips to play with, and can afford to lose a pot or two and not be terribly crippled as in the 180 4.40s or 1.20 45 man tournies.
It will take a couple hours (if you don't win a single pot or increase above starting stack amount) before you will reach push/fold mode. After the initial few idiots bust out, players start to drop out fairly slowly. Be forewarned, this tourney takes A LONG TIME TO PLAY. If you manage to get to a final table, it will probably be 9 or 10 hours in. The blind levels are 30 minutes, which lets you see a lot more hands per level.
Overall I've found the players to be pretty bad. But like anything else, I wouldn't play it regularly unless you were rolled for it, or just wanted to play once "for fun". Hope this helps!
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