Re: why would David Chiu be playing .25/.50 on FTP?
The pros at FT often play the low limits. I don't know whether it's part of their contract to do it in order to promote the site, or whether they just do it for fun. (Another more cynical reason I heard is because it's not them, but their wives/girlfriends using their account).
I played Phil Ivey a while ago at $0.5/1 7 Card Stud. The waiting list was about 40 deep when I logged on, but I managed to get a seat in about an hour. Alot of people on the list gave up waiting and never took their seats when they came up.
I've also seen Chris Ferguson multi-tabling play money tables as well.
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