I won my seat in this last year and plan to try the same again. Scott is correct. Wins are only good for ME, BUT if you already have a seat they will give you lammers and you do whatever you want.
Players are a mix of pros/day tourney bust outs and amateurs taking a shot (I'm in the latter camp). When I won last year, only 5 of 13 winners did NOT already have a seat. As we get closer to ME, sats get bigger.
See structure information here:
http://www.pokerpages.com/pokerinfo/...tinfo.htm#1060
Quality of play is pretty good, but it really doesn't matter if you can outdraw AA with 86o as I did last year.