I used to play like that too but I don't like it now. I found that as more people busted out and waited for the next tourney, the remaining players felt pressured into making stupid plays and the quality of game play was really poor.
Also, 1/2 blinds with $50 doesn't give you much room to play. I actually started with 1/2 blinds with $100 in chips, but recently increased the starting chip amounts to $150.
steve
<font color="orange">North Shore Low Rollers</font>