What's a good setup for a tourney?

[Jack Bando]

NLHE-300 chips (100 Red, 100 White, 100 Blue)

Here's how we do it most of the time

Everyone gets 50/60 (50 for 6 people, 60 for 5)
Blinds 1-2, 2-4,3-6,4-8,5-10 (Goes up every elimination)

Personally, this setup is terrible. If you don't win a big hand withing 20 minutes, 1-2 people are gone and the blinds are already hitting you hard.

I'm the kind of player who believes in playing good hands and not gambling with bottom pair. I'm usually against guys with such phrases as "It's all luck." "I wish I'd kept my 7-3 I'd have had a house on the river!" "Pocket pairs NEVER win" "Why you raising? You haven't seen the flop."

So does anyone know of a better setup with that many chips that allows more game play and less crap-shooting?