True, Borgata has a nice room and a nice tournament, but at $300+$40 I think is over priced for 1 tournament, and you could play a full day of tournaments for that same $340.
I would recommend the Showboat Tournament at 11AM and 2PM. At $85+$15, the tournament structure is decent (20 minute levels, no antes) and in my opinion, the play is softer then Borgata.
Showboat Tournament Structure
I also recommend the Tropicana 7PM. At $85+$15, again, the structure is decent, and being the weekend and a decent buy-in, you get many "tourists". In my opinion, this tournament is soft as well.
Tropicana Tournament Structure
Nothing wrong with the Borgata tournament, I just think you can more value out of your $340 then just a single tournament.