I exactly know the tourney, you are asking about. I had 10+ final table on it, I won it once in the last half year, on the 2$ buyin range on that specific site, it is one of the best micro. Even the blind levels look pretty strange and the hole structure is different from any similar tourney. I know that keeps plenty people far from it. You must play it as a PKO some phase, because of the strange structure.
Register from the beginning, or within half hour from the start, as you must build a stack around 200-250K until the late registration ends. Do not re-enter more than twice, (sometimes I see players re-enter 8-10times, few times, on tilt i did it, too, just waste of money.) With the breaks, the late reg ends after 4 and half hours, but after half an hour you reach the ITM, if you have a mid stack in that time, easy to reach the last 3-4 tables, then you need good cards and a bit luck, sometimes you must play with out of range preflop
hands, without that, the blinds eat you.
It is quiet unique structure, but not bad, they have these 4 hour late rage, same structure tourneys in all level, i did not see it in any other room, it is their idea, anyway, i think, not a bad one.
Reach FT takes around 8 hours, sometimes more, hole tourney 9-10 hours, I think it is good, basically it decides in the first 2 hours for me, how it goes, as you must go for double up at least 2-3 times, if i relegate 2-3 times, I've done, if not, and built a bit higher stack, waiting for the good chances to collect the forced allins, because of blind structure.
Even it does not look like that, I consider it as a turbo, I prefer the turbos, super turbos, gives me better result, waste less time, if they find the river 1-2 card nuts, they find it within 1,5-2 hours, not after 5-6 hours and the result is the same....
Good luck! and re-enter max 2 times, never more