Go with 100 x Big Blind stacks. So either make the buy-in $20 or lower the blinds to .05/.10.

This allows for skilled play to occur on the turn and the river, instead of just having to push all-in whenever the pot gets big.

I had a similiar question when I first started up my home game. Here is what Fnord had to say..

Quote Originally Posted by Fnord
The larger the stacks are relative to the blinds the more hands like suited connectors and small pairs go up in value and hands like AK, AA, AJ etc. go down in value, as it becomes more difficult to just push most of your chips in on the flop and expect a worse hand to call.

My guess is Party does 50x BB buy-in for NL to attempt to "juice" the game and give newbies a chance not to bust out (their bankroll) too fast. However, the unintended consequence is that at in a full ring game they made it too damn profitable to sit at 8 tables at once waiting to ram and jam the shit out of big cards.

As a better player, you *want* tall stacks, and to keep 'em tall.
Check out the home game forum for more tips..