Read this:
http://www.chiptalk.net/forum/tourna...ind-maker.html
You have so many chips that you could start your players with anything between 100 and 10000 chips -- we can help you more with a blind structure once you figure out what you want starting stacks to be.
Also, you might want the tournament to run a bit longer than 1 hr (2 hrs is probably good). It allows for a bit more play. Of course, if you want to practice for low buyin casino SnGs, 1 hr games are probably good
Example:
1500 to start, 15 min blinds
4 players:
25/50
50/100
75/150
100/200
150/300 (break after this level to color up)
200/400 (game should be done here)
300/600
8 players:
25/50
50/100
100/200
150/300 (break after this level to color up)
200/400
300/600
400/800 (game should be done here)
600/1200
You'll probably find that for structure 1 and 4 players, you'll be done in a little more than 1 hr. For structure 2 and 8 players, you'll probably be done after about 1.5 hrs.