I like Storm's approach as well. With as low of a buyin as it is, the first couple rounds are going to have a lot of action...people pushing massive amounts of chips in just because they don't know any better or just want to get a big lead early, so unless you have a premium hand, it's better just to sit back for a little while.
I also really like that you would take notes on the other tables early on. I have done this in bigger MTTs(which this essentially is at 180 people) with the last two or three tables, space dependent, but never really at the mid stages. Usually I am like graf where I almost always have my screen filled with other tables that I am playing, but it would be good for the beginner or even for someone more experienced if they just wanting to play some relaxing poker.