This past weekend I did a deepstack tournament with 8 players using a T1600 buy-in. I wanted something that would take about 4 hours and reward skillful play. It worked out well.
Starting stacks: A stairstep pattern of 10, 8, 6, 4, 2 chips.
10 x (T1) = T10
8 x (T5) = T40
6 x (T25) = T150
4 x (T100) = T400
2 x (T500) = T1000
30 chips = T1600
We allowed rebuys during the first two hours. (Two people busted and rebought.) Then an optional add-on for half price. (All eight players took the add-on.)
Blinds used a "1-2-3" pattern, with 20-minute blinds, coloring up every hour.
1-2, 2-4, 3-6, color up white
5-10, 10-20, 15-30, color up red
25-50, 50-100, 75-150, color up green
100-200, 200-400, 300-600, color up black
500-1000
The tournament ended at level 13 after four hours, 15 minutes.
Here is a web page showing the immense M values of this tourney. We were well in the "green" zone for the first 3.5 hours.
http://world.std.com/~wij/jpgs/deepstack-070224.html
The average M at each level was:
533, 266, 200, 120, 60, 44, 55 (after add-ons), 32, 25, 24, 16, 10, 6.
I felt the resulting tourney encouraged good play and would try this structure again. Plus, it gets lots of colors of chips into play. So if you have a set with 1, 5, 25, 100, 500 values, give it a try.