$1 to the purse, $1 per player bounty, typically 500+ people play because it is so cheap. Typical top-10% payouts. There seems to be a lot of dead money because of the buy-in, but I could be wrong because I'm a n00b and could be the dead money.
I've played this tourney 3 times now. Never made the money, but I have enough bounties to where I'm almost break-even. I've got enough UB-points to where I can enter my next tourney using those, which is nice.
Strategy-wise, because the bounties are so high in relation to the buy-in, I start to take chances when I'm 6th or 7th at the table in chips, because at that stack size I have almost no chance to go heads-up with a smaller stack to knock it out - somebody with a big stack will almost always call. I'm comfortable if my stack is in the top half, and thrilled if I'm the big stack. Obviously, you're trying to isolate smaller stacks to knock them out. Knock 2 people out, you get your buy-in back.
Am I missing anything obvious?