Is "Small Stakes Hold'Em" a waste of time?

[cramfak]

I picked up Small Stakes Hold'Em because it sounds like a really good idea. Play in small stakes games and get two advantages: No need for a large bankroll and tons of loose, poor players you can take advantage of. But where are all these loose players? If a loose game is one with 6 or more people in before the flop, I simply haven't found it online even though I'm playing very small stakes (as low as .25/.50 limit). Has anyone else found these kind of games or is a waste of time to learn a strategy that's only good for a theoretical loose game?