Although they don't hold up as much, you still want to see QQ, KK, AA when you look at your hole cards and you want to cap the betting with them. These will still be the hands that win the most pots and make the most profit for you.

A big factor in your hand selection preflop is how the table plays post flop. If most of these players are folding on the flop and the aggression eases off, then you can't gamble with speculative hands. You will lose your money fast. If there is lots of action post flop, you can gamble it up for a profit with straight forward poker. One thing I would do is compare the average pot size when 5 or 6 see the flop to what you expect it to cost you to see the flop. If the average pot is more than 12X (preferable about 15X) what it will cost you to see the flop, you can safely play suited connectors 78 and higher and any pocket pair from any position. You need to be smart about this though ... if its occasionally only 2 or 3 handed to the flop, you need to fold these hands to a raise in EP and make your decision in MP and LP by how many people are already in the pot. You don't want to call a raise UTG+1 and then have everyone fold but the BB when you have 22. You will make most of your money by flopping sets, OESDs and flush draws and with KK and AA. The value of overcards goes way down with so many people seeing the flop. be very very careful with hands like AJo, KQo. Don't even bother playing hands like ATo, KJo, QJo. All those hands will do is increase your variance or lose you money at a table like this. And speaking of variance, be ready for it ... you will need much more BR at a table like this than at a 'normal' table. But play smart and you will clean up ... a table like that is a great opportunity.
Do you find these tables online? If so, where?