Sharky,
I played on Thursday. Cashed 12th and made $12 profit for my 5 hours play. Frustrating, but I was more interested in the ranking points than the money.
With twice as many online events than season one, the decision was taken to half the buy-in to keep everyones monthly outgoing the same.
I agree with you that for that length of play ( The final table started at 1am and the heads-up finished at around 2:20am) the payout doesn"t seem to be value, but the online events are about more than just the cash, otherwise you would just play any $10+$1 tournament on the web that offered a reasonable starting stack.
I have read the discussions on other threads that questions the starting stack, not sure what the answer is, but I guess we will see what peoples views are on Saturday night and more interestingly for the next Thursday event. If we get significantly less runners from the 239 for last Thursday, then I guess the people will have spoken.
Watch this space...........
Leigh