It has been working well, last week we had a couple long games, but it went fine. I won 3 out of 4 tourneys last week. Only had 5 people there, usually 6 or 7. We keep stats and everything, we call it the Brownstown Poker Tour. Back in high school, we had the BPA (Brownstown Pool-Players Association) we had supercards(like wrestling PPVs), championship belts and everything. The memories. back to poker, we buyin $5 and get 25 tournament chips in return, this may seem small, but when you want to get in a lot of games in a night, its a pretty good #. we start the blinds at 1/2, no antes. When someone gets knocked out, we bump it one. 2/4,3/6,4/8,etc. It has worked well.
The players who get knocked out early are pretty good sports, just sit there and shoot the shit, or go outside and smoke. I get on the computer and check scores sometimes. everyone stays involved though, cuz the people who are out love looking at everyones hand. everyone is good about it though, so we havent had any problems.
and if your last question is about games dragging on, sometimes the last 2 people might make a deal if it is taking so long. split the pot or split it proportionally to how big thier stack is or whatever.